ICON- Correction then breakout.ICON is in a triangle pattern and needs to complete the D wave and the E wave of an ABCDE wave structure then it should see some very nice gains. The indicators and the fib line up with this too.
ICON
ICON (ICX) Cup and Handle Bullish reversalHello Friends
In the last week's bull market, many Top coins had over 100% gains.
On the other hand Icon hand went up only around 50%. It had a 100% bull run on 20.03.17 so It's not surprising why it did performed only 50%.
BUT BINANCE:ICXBTC has built a nice Cup and Handle and is ready to break out of resistance line. And with the upcoming platform release on 30.April it will be like poring cola in a cup, so let us wait and watch it bubble over.
Check out the Bullish divergence on RSI and MACD. ( RSI made a lower low, while the price made a higher low)
Happy Trading
ICON: MARKET RECOVERY = 25.85% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 25th of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 25.85% 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".
Analysis suggests that increased interest as a result of the Bloomberg article has generated interest and trading volume in ICON (ICX).
Havent hit 1 for 1 so wave 5 comingOn perfect track Possible extended 5th to give us more room for the 4 wave drop
ICON #ICX forming cup and handle on daily.Not much to say here... ICX forming a cup and handle pattern. There should be some dips to 38-42k for entry then shoot up around 56k assuming the market doesn't crash in the meantime.
$ICX Long - Cup and Handle Pattern!I am seeing a clear cup and handle formation on the four hour chart. Also an article was just published that Pantera Capital a Crypto Investment Hedge Fund is holding large portion of ICX and am very bullish on this for the long term.
ICXBTC nearest resistanceICXBTC nearest major resistance. Once it breaks upwards with a great volume, enter a long position.
ICON (ICX) Macro Wave Count (Short Term Charts Added Below)Here I am projecting the possible medium/long term outlook for ICX. This projection takes into account the possibility that wave 1 is now over. Below I have added some additional sub wave counts for wave 1 - just to play Devil's Advocate!
ICON CRYPTOI am super bullish on cryptocurrencies right now, lets see what happends. Just bought a bunch of ICON today.
ICON to next FIB retracement 50% level 5665ICON team is working hard. I just found this news from yesterday. globalcoinreport.com
Zoomed out view follows below in my comments. Right now price is good for entry we're at the bottom of the Bull Channel.
ICON NEARING A POSSIBLE BREAKOUT - WATCH CLOSELYICON/BTC - self explanatory chart for you guys
Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
#BITCOIN #BITCOINPRICE #ICON #TRADING LONG SAFETY 0.00048
05.11.18 CHANCE TO BUY 0.00038 26.3%
06.11.18 SECOND CHANCE TO BUY 0.00053 9.4%
06.22.18 CHANCE TO SELL 0.00089 46%
ICON (ICX) Cup and Handle (Yet another one)Across the boards we're seeing C&H setups. This is just another one that has come full circle.
ICON: BULL RUN LESS THAN 24 HOURS = 14.22% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 23nd of April 2018.
Using this buy in point and selling at today's price, you would have expected to net 14.22% PROFIT!!! IN LESS THAN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
1. 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/
2. April 23: News articles with speculation that South Korea will remove their initial ban of ICOs.
It has been noted that 44.76% of all trading volume for today is coming from Korean Exchanges.
Analysis using the Crypto Bull/Bear Signal suggests the move may be in line with an increase in buying activity as a result of this news.
ICON at Strong Resistance |Can it Break Through 15% Gain? ICXBTCICON is one of the strongest decentralized platform projects, supported by the South Korean government and have good news at the end of this week.
ICX - Upcoming Events
30 April 2018
ICO Platform and IISS launch
Validation: 853/903
30 June 2018
ICX/ETH Decentralized exchange
Validation: 546/570
Now lets look at the technical analysis;
48.3k satoshi is a strong resistance point supported by historical ATH. If a breakout with good volume comes into play, we can see 57k satohsi values.
Enter the trade after you see the aforementioned breakout!
Disclaimer: This is not a financial advice
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