Get started

ICON

ICON (ICX) Cup and Handle! - ICXBTCI just realised that there appears to be a cup and handle forming for ICX, also it's on the verge of possibly breaking out of its long-term trendline . Furthermore, Icon's ICO platform and IISS will be launched sometime before 30th of April ! It's a great time to buy now, due to all these 3 reasons I've stated above, and if it for some reason doesn't break out of its soon approaching trendline, just sell and buy back after it's dip. Good luck. and remember, Patience is paramount!
Long
by PatienceIsParamount
7
ICX on verge of breakoutCheck out Icon/Bitcoin - ICXBTC Purple arrow is the tread line. As you can see, we're at the end of a long consolidation triangle and the price is currently sitting just below major resistance at the .382 Fib line. I expect Bitcoin to break over $9K and head to $10-11K targets and once this happens, expect the alt coin market to complete their 5th wave up. Price targets are in the boxes on the fib lines. Top end target is 1.618% of previous high but that could take an additional cycle to achieve.
Long
by jdharward
ICX/BTX Daily chart looking good to go long.ICX/BTC has been in a heavy downtrend since January 30th. We have seen a selloff to almost the 0.718 Fibonacci retracement level when calculated from the overall first impulse wave up. We recently broke out of the downtrend on the daily chart with high volume and looks to be forming a cup and handle pattern. The right side of the handle has at the time of writing, come down to an ideal level in the upper third of the cup structure. If it drops below 3864 sats with conviction I that would be something to keep an eye on as a possible failed pattern formation. Other indicators such as the exponential moving averages show that we are going to be seeing a uptrend for the medium to long term. The 55 day moving average has nearly crossed below the 21,13 and 9 day EMA's. The RSI on the daily is showing bullish divergence and the MACD has crossed over on the negative side after being there for a while. The 12 and 26 day moving averages on the MACD are starting to fan out and moving to the positive side of the histogram which is a nice bullish indicator. This technical analysis combined with Icon's upcoming ICO platform release, staking news, token swap and other potential partnerships and news over the coming months shows that ICX/BTC has the potential for a nice bullish run. Any advice or comments would be appreciated :)
Long
by broimjoe
6
Cup and Handlemania Cardano, Icon, Stellar (ADA, ICX, XLM)Here is an analysis of 3 coins all with a cup and handle formation in progress. ADA, ICX and XLM looks to be forming the handle pull back portion to their cup and handle. The red dotted line on each chart is the cup rim and the line to break out above. I will provide the target measures in a future post if we get a confirmed reversal at the support points below: Cardano ADA In this chart you can see ADA has begun its handle formation. Look for support for the reverse around Fib 1.610 (0.00002679), or possibly sooner at 0.00002831 ICON ICX In this chart you can see ICX has begun its handle formation. Look for support for the reverse around Fib 1 (0.0003518) or possible sooner between 0.618 and 0.786. Stellar XLM ICX also began its handle formation. Look for a reversal to begni around 0.618 (P0.00003820) or 0.786 (0.00003699). Will report back at a later date on their developments.
by retrorecall
Will ICON complete this huge falling wedge?ICX is looking good in 1Day chart with oversold RSI and STOCH RSI, but in 4hrs chart we have right now a fully overbought RSI and STOCH RSI! At this moment ICX is testing the falling wedge resistance and if it breaks the only area that will give it some hard time is the red are that corresponds to 61.8% Fib level and 50% Fib level. At this point i would do one of these 4 options : 1- Wait for a dip to buy in considering that indicators are not bullish in 4 hrs chart and we are testing a resistance and ICX will probably give another entry before breaking the falling wedge. 2- Wait for ICX to truly break the resitance line and overpass the red area to buy in. 3- Wait for ICX to break up the resitance and buy in. 4- Just buy in ICX considering that it is a strong project and that it is now in a huge bullish falling wedge. Remember to set stop losses for all your trades! And please do not buy any chart or signal without doing your own research!
Long
by Dude56
DIGITAL ALPHA UPDATE - All Hinging on BTCWhat is up everyone! Hope you are having a great day and are as excited as I am to see what BTC does today. What a run we have had in the market this week. CNBC even discussed the "alt boom" the other day, which is humorous as those in crypto know, we haven't seen anything yet. So the title says it all. ICX is hovering right along its long-term resistance. The pattern is similar to its last breakout. This is highlighted in the blue boxes I have here. They are pretty much identical. If this holds up we will see a price of 0.00039 before breaking out. What is key to note here is that BTC is at a major decision point. If we get a rejection of BTC's long-term resistance alts across the board should take a hit. If we break through the upper resistance then don't just fasten your seat belt...find another seat belt to add to your current seat belt! To understand a little more, check out the "market update" post within our Telegram Channel (link below). As always, join us in our channel, comment here, and share! We hope to build a great community. DA BULL ( Here is our BTC/USD chart)
Long
by DIGITAL-ALPHA
ICON, ICX/BTC is Breaking Out! ICON, the Korean Etherium ranked #23 at of this writing is a strong and popular coin with good team and fundamentals so you really can't go wrong with this coin. Even better is that by the end of this month ICON is expected to launch their ICO Platform and IISS. This is a big milestone in their roadmap so this should bring some good hype and action! Now let's take a look at the chart. Chartwise, ICON looks very promising as well cause currently ICX/BTC is breaking out of both a Cup & Handle and a Bull Flag Pattern. Also, the resistance level at 0.0003600 has been taken out again which held as good support after it dipped so signs are looking good for another leg upward. Indicators are all pointing upwards and enough room for further growth. The only thing that is lacking a bit is volume so that needs to go up as well to ICX/BTC continues the upward trend. So if you're looking to enter a swing trade, then look no further cause ICX/BTC is ready to take off! Levels to take a look at. Buy Area: 0.0003600 - 0.0003750 Profit Target: 1. 0.0003948 2. 0.0004283 3. 0.0004676 Keep in mind that you can take profits at any time when you feel comfortable with or want to secure your profits. You don't have to wait for a target to be reached in order to sell. Stop Loss: 0.0003497 Note: This is a tight stop. You can use a larget stop or no stop at all if you believe in this coin for the mid-long term. You can just ride it out and don't have to worry to get stopped out and miss the swing. Leave a comment if you have any questions. Like the post, if you liked it and share it if you loved it! This is for good karma :) And until next time, good luck with your trading!
Long
by Trade_Masters
6
ICON (ICX) - more than 30% decline aheadIcon has recently broken out of a downtrend channel (in yellow) that it was residing in since early February. The breakout happened on enormous volume, certainly helped or initiated by the fact that ICX was listen on Bithumb, Korea's biggest exchange. Now it appears as Icon is heading back to retest the top of the channel - that would mean a further decline of at least 30%. If you are holding a position in ICX, you could consider selling here and rebuying later (if you agree with my analysis). If we bounce back up of the top of the channel, that would be a bullsih sign, falling back into the downtrend channel would obviously be a very negative development, which could lead to a further fall to the bottom of the channel. Is there an exchange that allows shorting Icon? Please let me know in the comments. If you found this post helpful, please hit the Like button - that's an easy way to thank me for my time. Thanks!
Short
by CryptoCow
2
ICON ICX-BTC | BULLISH RUN with REASONSDear TradingView'ers, ICX offering a great platform for many future projects and have actively working system that is being tested in South Korea, Our indicators show a bullish trend. Let me explain it in more detail; 1) ICX found support on CryptoCholics 2) Green line crosses Red line -> Short term golden cross 3) CryptoCholics is showing entrance of buy side volume 4) CryptoCholics is signaling STRONG BUY We can set our exits at 50k if BTC stays strong above 8k USD. Follow for more, stay tuned! CryptoCholics @ tr.tradingview.com Disclaimer: This is not a financial advice
Long
by kaansel
DIGITAL ALPHA UPDATE - What the ICX happened yesterday?!?What is up everyone, hope you are having an awesome day. This post is a follow up on the epic ICX (non) breakout yesterday. We were watching ICX very closely yesterday and never saw the ABCDE/triangle breakout we were expecting. BTC/USD saw some profit taking and was overbought (Stoch RSI indicator with the purple line on the bottom the screen), the dip resulted in a quick exit out of many alts yesterday. That is the market. When BTC dips, alts dip faster. When BTC pumps, alts stay stagnant. When BTC goes sideways, alts have fun. When BTC goes north of $12.5k, alts party (see medium article for details). We are also following up on that article yesterday because ICX/BTC is only 50-75% the market (big range because varies day to day). ICX/KRW makes up the rest with 25-50% of the volume. Almost all of that volume is on Bithumb. WOW. That must mean ICX is making up a ton of volume on Bithumb itself...wait, what!?! 1%? 1%!!! WHAT! Yes, ICX only makes up 1% of the daily volume on Bithumb. About $7M USD. The top 3 currencies for Bithumb are EOS, XRP, BTC and all are around $100-300M in volume. Theoretically, if ICX jumped up over $100M in daily volume, we will see life pumped back into ICON. To give you an idea, ICX is about $35M of daily volume, right now. Go ahead and add a 0 to that figure and see what happens. This is a sleeping giant. Forget about finding the perfect entry in terms of cents. This is a hold in our Large-Cap portfolio. If you bought yesterday before the drop, you are good to go. If you have not, this chart is showing a nice entry point. Green circles are showing a breaching of the bollinger bands. The price rose afterwards each time for the past two weeks. RSI indicator on the bottom looks good, bollinger band is breached, and fundamentals are there for ICX. This is a long-term hold for our portfolio. Comment if you have any questions, good luck out there! - DA Bull
Long
by DIGITAL-ALPHA