ICON
ICX/BTC - education for begginers with real-time exampleHello my friends !
This education lesson is more for beginners, as I am too.
Many new people have no clue about analysis, as begining. I did same mistake.
ICX , or ICON now reach strong support at 4h timeframe. Its decide-point, which direction will continue. I like to share my approch.
Usually, I just change chart to smaller timeframe ( here are2 hours candles ) for more detail look. Also bollinger bands is very easy use tool for better buy/sell. STOCH/ RSI at the bottom of chart indicate, if market is OVERBUY/OVERSELL. Lines needs to cross for change.
Every market has levels with strong buy/sell points. At this spots are situated big buy/sell orders. There are call support and resistance lines & we waiting for buy/sell oportunity near this levels. I want to notice, very often candle not reach this levels properly. Buy/sell orders people likely sets little lower or higher to be sure, order will be filed : )
At this chart, Im now draw resistence, only supports. Resistence repressent upper line in bollinger bands.
ICX is now in good example, and you can watch, how it works, without investing your real money.
Also, you need to study basic patterns like SUPPORT & RESISTANCE levels, Fibonacchi, how to use indicators , by your own. Sure, you need to train patience. Never make decision under emotions .
I will glad, if you leave comment or question below : )
*This is for education purposes only !
As all of my analysis.
ICON/BTC It's waiting game for my ideal entryI will post a quick idea so as to add another position to my portfolio. The market has been quiet;thus, I can setup some trades.
ICON is not ready but keep on radar. Trading technically andwill need to be referernced semi-regularly. Good upside potential 2018. Watchlist
--longmoney
ICON #ICXBTC - might move up 50% or more!ELLIOTT WAVE ANALYSIS:
The price of the ICX cryptocurrency quoted for Bitcoin ICXBTC moves in a very technical manner at a four-hour interval. The price has already formed the first wave of the ZygZak double structure, the W wave, at 0.0008686, which will now be the technical resistance for further increases. The X-wave connector was also made, with a well at 0.0005309. The upward movement in wave A pushed the price above the golden trend line, and the internal correction of the B wave tested this outburst.
Currently, the market is in the process of creating the last wave of growth C, which should break the W wave peaks at 0.0008685 and go towards the levels of 0.0009730 - 0.001050.
In addition, the price continues to move forward in the parallel channel and every attempt to break the price from the channel is defended by demand.
The increase in volume during upward movements confirms the bullish scenario. Only breaking the 0.0005309 level will be the first sign of a trend reversal.
TREND and IMPORTANT LEVELS:
Main trend: UP
Intermediate trend: UP
Daily trend: UP (continuation of the trend and the possibility of breaking higher after adjustment)
KEY LEVELS:
- for further increases - level 0.0008450
- for continuing correction - level 0.0006589
- for the continuation of declines - level 0.0005309
PS: Be sure to add me to the watchers!
PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
ICX - Failed Breakout2/17: The upmove has failed Twice and the Price has fallen Back into the triangle. The positive thing is the fall is on low volume. ANy breakout out of the Triangle will be a BUY!
Buy is above 0.0060. Watch out for the high volume!
ICXBTC $ICX_X - Icon Project 50% Fib Retracement supportICXBTC - Icon Project 50% Fibonacci Retracement level now holding as support. I started noticing that ICX was curling off the 50% Fib level for the past several days and have been adding. At present time we are not only seeing Fib hold as support but a curl to the upside. $0.0004573 is the 50% Fib level so your stop should be placed below that if you decided to go long. I think over the long term there is plenty of upside here but I would like to see some more volume come in as we are currently trading around average. I also like the RSI here at 47.3 which is just a ways above oversold.
The closer you can get to $0.0004573 the better but currently this pair looks good for a long attempt.
Target 1: 78.6% Fib = 0.0006874
Target 2: 0.0008596
Target 3: Hold some lotto shares for anything above Target 2 with a stop below Target 2.
Initial Stop: 0.0004480
For the Long position on the chart I use the current price at the time I published of 0.000515 for an entry which gives a Risk/Reward Ratio of 5.08.
Wait with ICX!!! Bearish or Bullish?The ICX has a strong bearish trend, but...
If it rebounds from the first support level, the bullish trend begins with a strong probability. However, the downward trend can also push under the second support line. Wait, in which direction ICX will step out!
My long-term portfolio includes ICX, because is a very strong coin.
ICX - Icon. Starting to build a position. ICX one of the stronger alt coins heading into 2018. Started a position in the first blue box. Second blue box bids are set as well. Move slow and look to better your average entry price by averaging down for stronger coins.
ICX (ICON) CURRENT TREND ANALYSIS AND PRICE FORECAST| FEB 16|Hi guys,
I'm sharing my trading idea and possible next move of ICX/BTC (ICON VS BTC) which is currently traded on binance exchange. Share your thoughts below of what you think! :)
_________________________________________________________________________________________________________________________________________
DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS.
__________________________________________________________________________________________________________________________________________
FOLLOW US HERE :
YouTube : www.youtube.com (FOR HINDI/URDU)
Telegram : t.me
Twitter : Check out Coin Authority (@CoinAuthorityOG): twitter.com
STEEMIT : steemit.com
__________________________________________________________________________________________________________________________________________
GOOD LUCK! :
ICX - Whale WatchingSomeone with enormous capital is watching/buying BINANCE:ICXBTC .
After we hit our temporary bottom at 0.0004303, an enormous buy order was executed at the very next confirmation of our higher-low pattern.
We're finally seeing some dip-buying lower wicks to rival the enormous profit-taking upper wicks we've seen lately.
Someone is accumulating ICX, and with good reason. Six Icon initial coin offerings ("ICOs") will launch soon, some as soon as Q2 2018, one of which is with world-leading video game developer Smilegate.
ICX has traded as high as $12, or 0.00093.
icon.foundation
DYOR, TINFA, etc.
www.minervaminingco.com
$ICX Ready for take off$ICX has been one of the more reliable alt coins since December when it was at 500 sats. I've been analyzing it since last Friday and I feel that if it can get adequate volume, it has a chance to take off in the short term for nice gains. Emphasis on volume because if you want to get to the moon, you need to fuel the rocket ship. $ICX was 2nd in volume on Monday but other coins like $LTC $VEN $XRP and $ETC made gains which decreased $ICX volume. Keep your Hodl hands strong and you will be rewarded. I used Elliot five wave pattern to chart it's minute journey. $ICX is a solid coin for the long term.
I am a humble student trader that loves to share fresh ideas and exchange feedback with others. If you find my analysis helpful please share with a friend. If there is something I may have overlooked or got wrong, please let me know. Together we can only make ourselves better!
