ICX/BTC 200%+ Profits OpportunityICX is without any exaggeration is one of the crypto assets of 2018 which both faces a great hype and a low performance as its been said about it all over the crypto community. As all alternate coins showed a big correctional downward since May, ICX also performs the same way as the other markets. It almost decreases about 5x of its May price and it seems it already created a falling wedge pattern on the 1D chart. On this analysis, we are not recommending to buy this coin immediately on our call, instead traders should keep their eyes on the movement, use a strict risk management system and stop loss order. Besides this traders also recommeded to buy coins on buy orders depending on the flow of the chart. If it can rebound from the lower support of the triangle the probability to see a rebound uptrend is high. Besides this volume need to boost in high level and RSI is in a very low position at around 18. So while see the market bleeds sometimes its a smart move to accumulate some in such dip positions for the long term. To be honest if a trader bought at this dip level there will be an enourmous profit converting on this coin at the end of the year.
Entry Level : 11500 sats- 13000 sats
StopLoss : 9700 sats
Potential Targets :
T1 : 13390 sats
T2 : 14130 sats
T3 : 14720 sats
T4 : 15310 sats
T5 : 16150 sats
T6 : 17220 sats
Mid / Long Term
T1 :21300 sats
T2 : 26950 sats
T3 : 31510 sats
T4 : 36080 sats
T5 : 42570 sats
T6 : 50850 sats
Good Luck.
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Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
ICON
ICX BTC WAVECOUNTSHere is my attempt to count ICXBTC in detail. ICX is actually making weird moves since today, that lead me to believe that we may finised another big wave.
I cant tell how deep wave 4 is goint to retrace and if wave 5 is going to fail. Take BTC movements into account for further prognosis. What shows up here is that we seem to bottom with wave 3 @ 1.618 at the bottom of the green zone. and as we didnt retrace much in wave 2, wave 4 may retrace higher.
ICON (ICX) Bullish Divergence, possible long.ICX has been on a freefall for the past few weeks. However, each time the RSI reached oversold we have had a small bounce. This could be another one of the bounces.
Signals:
Bullish Divergence on 1 hour
A bounce from support
Buy in:
1472
Sell:
1500
Stop loss:
1454, where the previous support has been. If we bottom out here it could be anywhere from 1-6% over the next 2 days.
ICON - Something is on the making Endless freefall for ICX, but we may be near the bottom. We are on the low side of the channel, and you can see that the volume is decreasing, I don't know if BTC is draining volume with ETF hype etc, but this could be a sign that something will happen very soon. I'm expecting up movements here.
$ICX Measured MovesBeen noticing a lot of measured moves in several alts lately. Bottom could be in, but if $BTC continues to move up I could see a retracement to the 1364-1464 happening. I absolutely do not see $ICX falling below these levels. I have been laddering slowly into a short/medium term swing position since around 1780 SATs -0.53% . A retracement to these levels would be around one of its 38% moves down as shown in the chart.
ICXBTC Cup&Handle and Descending wedge breakoutICX has been oversold for a long time, the indicators show a high rebound probability.
On a 30-minutes timeframe there is a bullish reverse indicators and cup&handle formation which is going to be finished soon.
On a 1-day scale, you can see the formation of a descending wedge, a pattern indicating the end of a downtrend and the possibility of breaking through resistance via a strong bounce which opens a way for further growth.
From current levels, we can jump to the resistance, which is marked on the chart. This will finish the pattern and will indicate a bullish breakout from the long term descending channel.
When this happens a regular correction will occur and we will start a swing trade strategy. Once the price consolidates around Fib 0.618 - Fib 0.5, it will be possible to open long position according to the rest targets which are in the Premium channel.
We remind you that under the current state of the global crypto market, each position carries a high level of risks. Although this trade recommendation has low risk according to our classification scheme, do not follow emotions and "animal spirit", open only the position you are able to manage and track, use a stop loss. If the market goes below support, then the correct decision will be selling on the rebound and then buy again at lower levels, this will provide an opportunity to sell at previous entry order with profit. Be careful and keep tracking BTC and your opened alt positions.
ICXBTC: What do you think all?Hi All,
Icon ICX Analysis: Using a Swing Trader Mentality.
Uptrend to 0.0002326 or Downtrend to 0.0001800...
60/40 split: Reversal to Target#1 0.0002336 & Target#2 0.0002790
ICXBTC has broken its Solid Support @ 0.0002056, Freefall to ICXBTC : DownTrend...
Traders are risk managers and should preserve our capital...
I'm a firm believer in the ICXBTC project and these are great entry prices...
This is not Financial advice...
Always have a checklist before entering any trade: Long or Short...
1. The Trade setup 2. The Entry 3. Initial Stop Loss
4. Exit and Trailing Stop 5. Capital size willing to risk
No Objectivity or Emotions when trading...
There are only three trend which could occur within any market...
Individual Traders focus too much on trend-line...
Instead of the overall trend in conjunction with the market sentiment...
What I look for before entering any trade:
Uptrend: Higher highs and Higher lows
Downtrend: Lower highs and lower lows
No Trend: Horizontal or sideway pattern
Keep in Mind when trading: Not to be greedy: Use Trailing Stop Loss...
3-5 Bar Declines: it's an indicator to - Buy
3-5 Bar Increase: it's an indicator to - Sell
Don't forget why you got into the crypto sphere...
Only Buy Pull Backs in projects you believe in for the next 5yrs: Long...
Majority of investors are going to sell when they break even: Short...
I firmly believe ICXBTC will make higher high on it's all time high...
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me and like this post if it was helpful, and thank you all...
Like the Phoenix we will rise from the ashes...
Happy trading People...
ICON vs Bitcoin Slowly Moving UpICON seem to have found the bottom at btc 0.0002 area. Since 14th of June price has been slowly but steadily moving upwards, producing higher highs and higher lows.
While rising, on a correctional wave down ICX/BTC rejected the 2/1 Gann Fan trendline along with the 50% Fibonacci retracement level at btc 0.000215.
Icon has approached the 200 Moving Average, but failed to reach it. It is highly likely that on the next wave up, the Moving Average will be reached, the question is whether it will be broken or rejected.
If broken ICX should continue going higher towards either 61.8% or 76.4% Fibonacci retracement level. But, if Moving Average will be rejected, Icon might correct down, perhaps to test the btc 0.000215 support yet again.
ICX/BTC : falling wedge is breaking up soon ...$ICX : falling wedge, ready to break ?
Context :
- Retracement since many weeks
- Accumulation in volume
- Falling wedge pattern
- Close to the old support
Hope :
- Korean Government should be in love with crypto
- Bittrex listing
Check the 4Hr Chart here :
ICON, an enormous growth potential!ICON looks more and more promising, in addition to its positive fundamentals in the weeks and months to come, ICON has a technical configuration that could allow for good growth.
Arrived on its support at 0.00023, ICON shows signs of accumulation and reinforcement. The bevels could be broken soon, leaving first of all a growth on the long-term resistance (+/- 0,00032), and in case of rupture, allowing to reach levels higher than 0,00038 and 0,0005
MACD confirms a buying situation, confirmed by a very nice WaveTrend signal. The bevel break could also start a Donchian signal.
ICX is clearly one of the values with potential on the market.
ICX Pull back continues!Hello Dear followers,
It seems like the pullback is still not over and we are heading for one more double bottom formation in icxbtc pricaction. We believe green box is a good entry point, and below that we do not have any support zones since the coin entrance in binance.
ICX - Upcoming Events
30 June 2018
ICX/ETH Decentralized exchange
Validation: 1085/1137
01 July 2018
Blockchain conference in Seoul, South Korea, on July 1st and 2nd.
Validation: 281/291
03 August 2018
"The inaugural edition on the 3rd and 4th of August will take place in Hyderabad, Telengana’s Thriving IT and Tech hub..."
Validation: 30/34
Cryptocholics out, peace out!