A long-term Trading Opportunity To Buy in IconTechnical analysis:
. ICON/ETHEREUM is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0050 to 0.0044). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0050)
. Ending of entry zone (0.0044)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0061
TP2= @ 0.0070
TP3= @ 0.0075
TP4= @ 0.0090
TP5= @ 0.0105
TP6= Free
ICON
$ICX BTC - Catching the third wave for 150%++ 1:11 risk/rewardLadies and gentlemen,
In our last idea on ICX, we expected a decline to the .618 retracement at roughly 3700 but it only went 4000 and bounced back quite hard. Being that this was the confluence of the 800H MA and the 50% retracement, an algo target, we had a nice and strong impulse wave towards our resistance at 4900.
After coming to a hard stop at the 4900 resistance and failing at it several more times, we are low testing the possibility of going below the 800H MA again with a target of either the .5 retrace at 4000 for a double bottom or the .618 retrace at 3700 for a textbook WXY where the Y is 1.272 of the W.
Typically second wave retrace is between .618 and .786 of the first so I do expect the latter scenario to play out as we originally speculated in the previous idea
With that said, we should have some entries between 4000 and 3700 with a stop below the next support at 3500 just to be safe
Entries between 4000 and 3700
Stop: below 3550
Target: 9900, start taking profit above 8000 (100% gain)
Risk / reward ratio: 1:11
Found this idea to be entertaining or absolute garbage? Feel free to let me know with a like or comment. As always, good luck and stay safe!
Kinashi-San
*For pure fun and joy, not financial advice. Not a recommendation to buy sell or hold.*
$ICXAnother Alt coming to a decision soon, looks to be accumulating just under .382 fib and around .00047 sats. I have a bag. This project has too much good news and partnerships coming, strong hodl. Hoping to move some capital and add more to this position now.
Icon Machine Learning Crypto SignalThe rolling three-day signal for Icon (ICX) is "Don't Own". This is day three of the three-day signal. The signal will be updated again Friday. For further details or discussion, feel free to leave any questions or check out signature/profile.
icon-btc #icxit seems ICON is on a good position to run but has to waited for BTC !
andrew pitchfork is on daily time and show us that ICX will break the resistance line
waves counting need around one or tow week and the point number3,5 drawn by fibo time here I just clean the fibotime lines from chart to show the details better
good luck
Becky on ICX - The God FA coinHey lovers! Let's take a look at the master fundamental coin ICX
First off, I have to say how much I love this coin, it has SO MUCH potential FA wise.
Now onto the TA side of it, ICX as been going sideways for a while and surprisingly it was able to maintain its satoshi value during the next crash which indicates very good strength. With the market heading towards bullishness for a couple of days (atleast) I can easily see ICX breaking out of its sideway move on the way up.
T1: 545
T2: 575
T3: 633
Stoploss: 463
Who's Becky? What's her background? I am a crypto enthusiast and have been since early 2015. I have already made millions in the crypto world and am financially set for the rest of my life. I recently decided to start helping other people get rich. I like helping people, it makes me feel good. What can I say? I LOVE feeling good ;) . Let's share the journey together! Follow me NOW! <3
ICON: ICON AND LINE PARTNERSHIP = 20.17% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 20.17% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 18: Crush Crypto (a cryptocurrency analysis site) identifies Icon (ICX) as a Crusher of the Month.
April 19: Deblock project announcement where Icon Foundation will work with a marketing company called AD4th (which digital advertising agency. Deblock function as a business incubator, which will assist blockchain projects to launch on the ICON platform by providing funding for the development of their blockchain related applications.
April 23: News articles with speculation that South Korea will remove their initial ban of ICOs.
April 27: News from Bloomberg publicises Pantera Capital Management LP recommendation ($1 billion cryptocurrency hedge fund) that ICON (ICX) is a "screaming buy".
May 8: ICON announced a strategic partnership with Japan’s first crypto fund, B Cryptos. This is supported by Japan’s top venture capital funds, B Dash Ventures by Japan’s leading cryptocurrency exchange QUOINE, which will invest in various ICOs and cryptocurrencies.
May 11: ICONest, ICON's token launch platform is launched.
May 14: ICON and LINE PLUS, a global social platform with over 200 million monthly average users(MAU) worldwide, has co-founded ‘Unchain’ to build LINE’s blockchain network. Unchain aims to develop various DApp services while building synergies with ICON to expand the blockchain ecosystem.
Analysis suggests that increased interest as a result of the ICON and LINE partnership has generated interest and trading volume in ICON (ICX).
*UPDATE* ICX ICON livin' in the clouds, next stop THE BIG CHEESE*UPDATE*
- looks like we saw a nice bounce off the 0.5 fib
- now looking to test the top trend line for the 4th time for possible break out
- looking for higher lows on the daily RSI for bullish reversal signal
- Plan on hodling for some time with this one
Roadmap Prelims:
- Iconest webpage launch
- newly listing on Coinbit
- SAMSUNG
Roadmap Co-Main Events!
- May 24: Icon's first ICO 0.00% , Bluewhale (great project), starts token sales and only accepting ICX and ETH
- June 30: ICX/ETH -0.73% DEX launch! LFG
- Launchpad engaged---->May 24 ----->Moon---->June 30---> Uranus
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Icon Machine Learning Crypto SignalThe rolling three-day signal for Icon (ICX) is "Don't Own". This is day three of the three-day signal. The signal will be updated again tomorrow. For further details or discussion, feel free to leave any questions or check out signature/profile.
ICXBTC I'm very bullish on ICX in short And long-termHi All, New Trader Here,
Hope All your trades are going well.
With the summits coming up May 14 and Bluewhale at the end of the month Accepting ETH & ICX. I see potential 50% gain to $6 in the Next Coming Weeks. ICX to the moon, The launch pad is ready. We simply have to break first into uptrend. This is solely predicated on BTC movement EMA Up. Wait for confirmation on the uptrend before entering the trade
ICON ICX upcoming events:
14 May — Consensus 2018 Summit in New York
cryptocalendar.pro
This is by no means financial advice,I see potential so Please do your own research.
Please tell me what you all think. I'm open to learn more from Experience traders.
Icon $ICX | Diamond pattern...Bullish or bearish? | 5/13www.yourfxguide.com
www.profitf.com
If you're unfamiliar with the diamond trading patterns, the two links above will give a basic understanding of my idea of where ICX is going.
If you'd like to see last weeks chart/trade idea, we we're looking at the possible cup and handle formation. (click the image/link above)
Now I see Icon playing out a possible bullish diamond formation. With the Consensus conference beginning tomorrow (5/14-5/16), we could see a nice run to Target 1 here. However, if BTC continues to tank I think we drop down into our blue and red support zones.
Target 1 = 53-55k sats
ICX/BTC Cup & Handle Forming an Even Larger Cup & HandleRight now we can see that there is a C&H pattern. Hopefully when it breaks out this will lead to the formation of an even bigger C&H.
To get the price target of a C&H pattern you add the height of the cup to the breakout point of the handle. If this plays out, you can estimate for yourself the target of the larger C&H... it will be glorious.
ICX is love, ICX is life <3
Icon looks very charmingbuying at bottom of channel can provide good profit possibly.
educational purposes only.
Easy Money / Largest volume in two months [ICX/ICON] [VSA]On the chart we can see the largest bullish volume in two months , this is a good sign for a strong movement.
the bearish absorption on the day chart
ENTRY the closure of the four hour candle above the level of 0.0004800
ICON (ICX) How far can this rally go?BTC tanks to 8500 while ICX pumps to 4800 from 3900 satoshis. What happened? Ever since the RSI has dropped below 40, we have seen a decline, but that does not mean ICX cannot rally back to previous levels.
Likely Cause:
-The ICONest Webpage Launch was today
-Strong bounce from big support level
Buy In:
4500 satoshi range
Price targets:
4737-4800 satoshi range
5200 satoshi range (unlikely)
Stop Loss (Highly recommended)
4498 satoshi level
This rally can continue if volume keeps climbing. ICX holding past 4700 is going to be quite difficult. If it plateaus or we see bearish divergence, I believe selling out is the right move. This trade is very risky and I highly recommend the stop loss. I started posting this idea when ICX was 4500, and in around 10 minutes it rallied to 4600. Pretty crazy.
If you have any comments, please leave them below. Thanks for viewing and good luck in your future trades.
ICX ICON livin'...and heading towards launchpad support levelCurrently watching the green lower trend line to see a definitive move on Pantera Capital's biggest bag, ICON!
- if we break down, 0.0003730 level (red line) seems like a historical launchpad/buy area
- also coincides with the 0.618 fib
- if we break up, we still need to break upper trend line resistance
- 0.0005230-0.0005370 levels (possible sell area for short-term traders)
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
ICON Machine Learning Crypto Signal The rolling three-day signal for Icon (ICON) is "Don't Own". This is day two of the three-day signal. The signal will be updated again Saturday. For further details or discussion, feel free to leave any questions or check out signature/profile.
ICON more bullish then ever# STOCK RSI (D)=> extreamly Oversold
# ICONex Token launch platform coming
# Sponsering consensus 2018
# DEX launch 30 June
** I am not a financial advisor neither professional trader. This idea is just for my own educational purpose.
ICX Potential buy zone TheoryI expect a bounce off .382 region. Has good confluence with the upward trend support. Short term ema fib cross before the push to 5027, retrace to 4866, then towards .5 & .618 region
icxbtc ICON Bitcoin 7 Risk Reward Ratio Potential 20% Profit We have completed the first two waves wave 2 is 0.618 fibonacci retracement of wave 1 as expected. Our Target for wave 1 is 1,6-1,75 Fibonacci Extension of Wave 1. Place your stop Loss carefully. If this plays out as expected you can lock in 20% profits.
ICX/USD further increase could be invalidatedICON failed to stabilize above the lower median line (LML) of the ascending pitchfork and now is trading in the red again. It is expected to drop to retest the outside sliding line (SL) of the ascending pitchfork. A valid breakdown will confirm a broader corrective phase. Another long opportunity could appear only after the SL retest and after an important bullish movement.
