BTC BITCOIN $66000 USD INCOMING!!!???BTCUSD has just broken all time highs! The same reaccumulation time period happened again. Will this make a new higher high to Hit $66000 ? I think yes it will! Easily!! BTC rejected the 50% fib level nicely. This means the market is still very strong and bullish! The next couple of weeks are going to be very interesting. Lets see how the weekly candle closes tomorrow. GO BTC!!!! Follow us for more Forecasts and trade set ups!
Iconbtc
$ICX Inverse Head & Shoulders = Trend ReversalIcon is a fundamentally sound project, but hasn't received the love it deserves lately.
They just released IconFi, and a bunch of other upcoming catalysts could be good for this project moving forward.
Catalysts including .. Rosetta Integration = Pre-Requisite for Coinbase Listing , Revision 12, CPS, and ICON 2.0 Alphanet
It is alt season after all..
The chart pattern that is forming against the $BTC pair is an inverse head and shoulders, which indicates a bullish trend reversal.
You can also see the RSI is neutral and Stochastic RSI is oversold.
I think this token has potential to do well over the coming days.
Not financial advice.
Project website: icon.foundation
Updates: medium.com
ICX / BTC is forming Inverse Head and Shoulders on 1D chart!ICX / BTC is forming Inverse Head and Shoulders on 1D chart!
There are few bullish signals on ICX/ BTC , some of them are:
- we are starting to find support on 100SMA (orange line)
- it looks like Inverse Head and Shoulders is forming, which is a bullish sign
There is a high chance we will form inverse H&S and it will overlap with 200SMA. In that scenario 200SMA will act as a support + confirmed Inverse H&S is a sign for the upward movement.
Wait for the confirmation of Inverse H&S before entering or try to enter now, when we have support on 100SMA.
Targets: 3200, 3900, 4500 sats .
Remember about SL!
ICON (ICX) Will Set New High After Breaking Out This ResistanceHey friends, hope you are well, and welcome to the new update on ICON coin.
Cypher move and a 200% rally:
In the month of Oct I posted a chart, in which I showed that the price action of ICX with US Dollar pair has formed a big Cypher on monthly chart and soon it will be turned bullish from the potential reversal zone of this pattern.
Support and resistance levels:
On ICX with US Dollar pair, after the 200% move the priceline has found resistance at $0.95 and after getting rejected by this level the priceline broke down the previous support of $0.80 and after getting bounced by daily 25 simple moving average again breaking out the $0.80 resistance level.
Up channel:
On a daily time period chart, the priceline of ICX coin with US Dollar pair is moving in an up channel. After the recent bearish move, the priceline spiked below the support and used 21 exponential moving average as support and re-entering the channel right now. If the priceline will again reach the resistance of this channel then we can see an imminent move up-to $0.95.
Big Shark move:
On the monthly time period chart, ICX with Bitcoin pair has completed a big Shark pattern and now it is gearing up. So we can expect a big move soon in the BTC market and in the US Dollar market as well.
Long-term final resistance:
The ICX with Bitcoin pair has been bounced from the 0.00001400 btc support and reached the next resistance at 0.00003000 btc, after this level we have the next resistance at 0.00006100 btc and the final and key level resistance can be 0.00009100 btc because in long-term there is no significant resistance after this level.
Conclusion:
Once the priceline will break out the key level resistance and it can surpass the highest price and set the new high in the history of ICX coin.
#ICX, Looking at this asset that moved slower than others..#ICX
Looking at this asset that moved slower than others across the week
Sitting above ~2k sats (trying to flip it)while volume is trying to get stronger levels
UCTS is also signalling a 1D Buy while is crossing above Ichi cloud
Upside is insane, just needs a little spark
$ICX
ICXUSDT a big channel breakout expectedDifferent support and resistance level:
The price action of Icon is rejected by $0.80 resistance and now moving between $0.65 to $0.80 support and resistance levels. There is also daily 25 simple moving average support at $0.65 support. If the $0.80 resistance will be broken out then the next resistance would be at $0.95.
Big up-channel:
The price action of ICX has formed a big up-channel on the weekly chart. There is a powerful bullish candlestick trying to break out the resistance of this channel at the moment.
Harmonic moves on short-term:
On the short-term 2-hr chart, 1st the price action formed a bullish BAT then completed a bullish Shark. Now the priceline of ICX is completing another bullish harmonic BAT pattern. Even though this is a very small pattern, but at this time it is very significant. Because the priceline is also trying to break out the resistance of the big channel and a bullish reversal from the potential reversal zone of this pattern may help the price action to break out the resistance of the channel as well.
SMAs in the long-term:
Icon with Bitcoin pair, on the weekly chart, the 7 simple moving average has started lifting the priceline to the upside. Now there are 25, 50, and 100 simple moving averages above the price action. If the price action will be able to cross them up then a big move will be triggered against Bitcoin.
Ichimoku cloud:
With Bitcoin pair. the price action of ICXis also moving below a big bearish Ichimoku cloud resistance and for any big move breaking out this cloud is very important.
Conclusion:
If the price action will start breaking out the simple moving averages resistances on the weekly chart, then it can work as a big chain reaction. Every moving average can lift the price action up and it can also lead the priceline of ICON to break out the big bearish cloud as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ICX a big parabolic move expectedHey friends, hope you are well and welcome to the new update on ICX coin.
Previously I shared two ideas of ICX with you, one was a formation of Cypher pattern in USD marker and the other was the formation of bullish Shark pattern in the Bitcoin market.
The price action of Icon coin turned bullish in USD market and produced more than 100% profit rally sofar. In the meanwhile, it has also completed the final leg of bullish Shark in the Bitcoin market.
ICX with USD pair Cypher move:
ICX with BTC pair move:
An up channel formation and EMAs:
On the long-term weekly chart, in US dollar market the price action of ICX coin has formed an up channel and also using exponential moving averages with the time period of 10 and 21 as support. This time the EMAs 10 and 21 have just formed a bull cross and the priceline is turned bullish.
Different support and resistance levels:
On the long term weekly chart, the priceline of ICX has broken out the $0.46 and $0.55 resistance levels and trying to break out the key level resistance of $0.65. If the $0.65 resistance level will be broken out then there is no significant resistance that can be found up to $2.39 as per the Binance exchange. Therefore it is possible that once the price action will break out the $0.65 then it will also break out the resistance of an up-channel that has been formed on the weekly chart.
Alligator mouth and a parabolic move:
On the long-term weekly chart, the simple moving averages with the time period of 25, 50, and 100 have formed an opened alligator’s mouth and lifting the price action to the upside. This move is turning parabolic now.
Similar parabolic move expected like XLM:
The same parabolic move can be seen in the XLM chart as well, therefore we can expect that now the price action of ICX will turn more strong parabolic bullish like XLM to lead the altcoins bull run.
Conclusion:
As the price action of Icon coin has already turned bullish in the USD market but it can turn more bullish as it has just completed a big bullish Shark move in the Bitcoin market.
ICX a big bullish setupHey friends, hope you are well and welcome to the new update on ICX coin.
Long term harmonic moves:
Previously I shared two patterns with you which ICX has completed on monthly charts. One is in USD market and other one is with Bitcoin pair.
ICX with USD pair Cyhper move:
The price Cypher pattern with USD pair has produced more than 74% rally sofar.
ICX with BTC pair Shark move:
The Shark move with Bitcoin pair has been completed and now the priceline has entered in potential reversal zone for next big move.
A new Gartley move:
Now on daily chart, the price action has completed a Gartley pattern and entered in potential reversal zone.
Formation of wedge pattern:
In the meanwhile on daily chart, the price action of ICON coin has formed falling wedge pattern and having strong support of this pattern and simple moving average as well.
Conclusion:
As on the daily chart, the price action has formed Gartley pattern and has good support of wedge as well. If the priceline of ICX coin will breakout the resistance of wedge then it can work as a chain reaction and the bigger patterns on the monthly charts can be executed as per plan as well.
ICON (ICXBTC) Ready for 3x MoveICON is a good coin and the chart looks perfect for an upward move. There is a Bat pattern on the chart which is a bullish pattern and also ICX is at the horizontal support area. ICX will give 50-300% returns in the next 3-6 months and a must hold coin for the altseason.
Buy Zone: 1850-1920
Targets: 2200-2550-2960-3480-3880-4600-5500-6300-7500
Still looking bullish unless it breaks THIS key support level*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*Thank you to those who donated, I very much appreciate it.
ICON (ICX) Big Pump Ahead After This DumpHey friends, hope you are well and welcome to the new update on ICON coin.
Previously I shared idea on ICX coin where I told you that the priceline is at the support of a down channel and up to 367% move is expected. And finally, by the grace of Allah the most high, the price action of ICX started a bullish rally and produced more than 300% rally as predicted.
The previous idea:
If we take a look at the live chart then it can be observed that since start of the 2020 the price action turned bullish two times. 1st in the month of January when it produced more than 424% bullish rally and second when it turned again bullish from March to Aug 2020 and produced more than 550% rally. Now the price action is again moving down. So far it has retraced more than 61.8 Fib level and moving towards 0.786 Fibonacci.
After the ICX team updated their road map on 1st Oct and announced the Gangnam Testnet at the end of Oct, it was expected that the Month of October will be bullish for ICON coin. But the priceline continue to move down and despite this great event, the price action was not affected.
However, I have observed that the priceline of ICON coin may move more down but soon there is a 600% pump expected. So let’s try to understand how much it can be moved more down and when it can start the rally to the upside and what should be the targets.
If we take a look on the daily chart then candlesticks of ICX with USD pair has formed a falling wedge pattern and further more ups and down movements can change this pattern from wedge to pennant soon. The 50 simple moving average is moving down to form a death cross with 200 SMA. And this cross can increase the sell off soon.
Now if we take a look at ICX with USD pair on the long term monthly chart, then it has completed a bullish Cypher pattern and entered in potential reversal zone.
Even though the priceline has completed a Cypher move in US Dollar market but I would not suggest you to place your buying order at the moment. Because the price action of ICX coin is completing the final leg of bullish Shark pattern in Bitcoin market on long term monthly chart. Therefore I would suggest to wait for the completion of this Shark’s leg and let the price line enter in the potential reversal zone of this harmonic move.
The second thing I would suggest before buying the ICON coin we should keep an eye on the movement of exponential moving averages with the time period of 10 and 21 on daily chart. At this time it can be seen that these EMAs are in bear cross. Once the price action will be in potential reversal zones of Cypher and Shark as mentioned above and the EMA 10 crosses up the EMA 21 then we can place our buying orders and set the stop loss the maximum extent of potential reversal zones.
The buying and sell targets as per Fibonacci sequences of Cypher and Shark harmonic patterns can be as below:
Buying and sell targets of ICX with US Dollar pair:
Potential reversal or buying zone: $0.3720 to $0.2557
Fibonacci projection or sell zone: $0.4636 to $0.6829
Buying and sell targets of ICX with US Dollar pair:
Potential reversal or buying zone: 0.00001981 to 0.00000742 btc
Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc
Conclusion:
Even though the priceline of ICX is forming perfect harmonic moves, but we should strictly take care of stop-loss because if the priceline will break down the PRZ levels then it can turn more strong bearish.
Note: The idea above is for educational purpose only, do not take it as investment advice.
ICXBTC forming bullish Shark | Upto 655% big move aheadHey friends, hope you are well and welcome to the new update on ICON (ICX) coin with Bitcoin pair.
On a long-term monthly chart, the price action of ICX is completing the final leg of bullish harmonic Shark pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to Fibonacci sequence of harmonic Shark pattern should be:
Potential reversal or buying zone: 0.00001981 to 0.00000742 btc
Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000742 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets this trade has the profit possibility of 655% and as per the above-mentioned stop loss, the loss possibility is 62%.
Note: The idea above is for educational purpose only, do not take it as investment advice.
Icon looking Bullish. Watch MACD crossoverFor over a month now, ICXBTC is trading above the Ichimoku cloud. Beginning of the month it perfectly bounced back of the support of the cloud which is a bullish signal.
Now we are also seeing a MACD crossover incoming. When the MACD crossover is realised, I will be very bullish on Icon.
Another bullish signal is a rise above the Kijun Sen (blue line).
My targets will be:
1st: 0,00005526
2nd: 0,00006825
ICON getting ready for a quick leg up!Hey, I am back with another Crypto Analysis.
Today I took good profits out of Dot coin, over 50, I've been more greedy than usual in this trade.
I think it still has potential to rise, but I expect at least a correction.
Enough about Dot as we don't have much time as ICX is trying to break the downtrend line.
So this should be pretty quick trade, buy in the downtrend channel or buy the breakout, 11% is a take profit from current price.
Good luck with this trade!
Tibor