ICX/BTX correction could be over. now Pump!I see that ICON correction is now over in abc in and pump should continue further. If breaks lower 0.618 can be tapped and pump up from there however it is unlikely to drop there due to this C structure.
Iconbtc
ICXBTC formed bullish BAT and ready for bullish movePriceline of ICON (ICX) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00004404 to 0.00004327
Sell between: 0.00004588 to 0.00004861
So short term trade has potential to give upto 12% profit move.
Regards,
Atif Akbar (moon333)
ICX: Breakup or Fakeout before continuing further down to 61.8%.ICX:BTC
Breakup or Fakeout before continuing further down to 61.8% @ 0.00003337 BTC?
and then a possible continuation upward pump again?
or, more possibly, range bound sideways movement. -- this will depends on BTCUSD.
Continued analysis from:
ICX.BTC (Y20.P2.E1).Macro.PotentialHi All,
Continuing on with the ALT coin topic\review where I am creating a shortlist, ICON looks like another great opportunity.
Its another coin and area pay attention too.
I have it bouncing off the 20 Weekly EMA.
I'm bullish bias with many of the ALTs and hence based on the pr evious post on ALTS.LTC, I have it going up.
Close up view, on the 8 HRLY and have the 10, 20, 50 ICON. Potential bearish div. on the Stoch and RSI.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
(for my reference > Macro.charts)
Sold my small ICX holdings at 0.6088 BTCSet buy orders at 38.2% and 23.6% Fib retrace levels.
Or if Cyber Ensemble flashes a BUY signal again on the 30mins chart.
ICX ANALYSIS (LAST PUSH TO 200MA)
ICX
ICX has been on a small run lately and push beyond 1800 sats. I expect one last push up to 200 MA and the short term resistance block at 1900-1950 sats. This will send RSI and Stoch to overbought and exhaust buyers. This is an important point, if this is rejected hard then a possible correct all the way back to support is probable. Otherwise, a break of the 200 MA will bring a new phase of buyers up to weekly resistance block at and over 2000 sats. Watch for the break or rejection at 1900-1950 sats before entering any new long!
ICX / BTC looks bullish, can fly to 3333 satHi! I see bullish divergence on 3D and final of the accumulation cycle. Can fly to targets: 2700, 3333, 3900 sat.
By levels: 1500-1750
Stop: 1399
Good luck!
Double descending scallop ICXETHTwo descending scallops in a row! Will this pattern continue with a third? Small bullish upside expected in the near/short term due to the formation of this chart pattern, as can be seen on the first descending scallop.
ICX/ USDT signalBUY : 0.16/0.17
SELL :
TARGET 1 : 0.2
TARGET 2 : 0.3
TARGET 3 : 0.4
Stop Loss : 0.11
ICXBTC 4HI think ICX will continue to move on the rising horizontal trend, should be break the symmetrical triangle. Break a leg!
Long ICX on a retestIf this 4H closes above 2022 sats i will go long on a retrace of that level.
Taking 50% of at TP #1 and moving stop to breakeven
ICXBTC Bullish Breakout Idea and retestbuy : 1980 - 1995
target : 5 to 30 %
Stop loss : 3% (bitcoin is having bullish macd cross on 4hr time frame , so don't open any trade without stop loss )
ICX Possible new Uptrend formingICX recently broke out of downtrend pattern on the daily.
Touched MA50 and currently above MA20, expecting squeeze between those 2 movinge averages (green & blue)
Now why do i anticipate a possible uptrend?
- Broken above MA20 with increasing volume (possibly with the start of Pre P-rep voting & staking).
- Bounced on MA20 (allso golden pocket on FIB retracement tool) after correction.
- Candles showing higher highs and higher lows.
- RSI broke above RSI resistance at 50 and 50 is validated as support now.
- RSI allso in uptrend.
- MACD showing uptrend.
At time of writing allready 81 million ICX staked and rising: tracker.icon.foundation
If ICX breaks up, targets are:
TP1: 308 sat
TP2: 380 sat
This is not financial advice, DYOR and enjoy the show
ICXBTC has hit the support of channel | Upto 367% expectedPriceline of ICON / Bitcoin cryptocurrency is moving within a down channel and now has hit the support of the channel.
RSI is oversold.
MACD turned strong bullish.
Stochastic has given bull cross.
I have defined sell targets using Fibonacci sequence:
Sell between: 0.0000448 to 0.0000752
Regards,
Atif Akbar (moon333)
ICXBTC poised for a big move up - Bullish CrabTrade Recommendation : BUY - ICXBTC
Return % - 50+ mid term
Entry: Under 265 Sat
Target 1 - 417 Sat
Crab Pattern completion on Daily.
Low Risk Huge Reward.
Best Wishes.
ICXBTC - Keep an Eye, Dont buy yet#icxbtc
Too early to say if ICX has bottomed yet. But we can see some early reversal signs. Wait for the Breakout & wait for Bitcoin Dominance to cool down. Keep an eye on this one. May help you make quick 50-100% if and when we break out of the zone.
One of the reason why it caught my attention today is because on a day like today when most Majors are down against BTC, ICX is surviving the onslaught
Icon Accumulation Done (ICX)One of the only altcoins that shows a clear accumulation at the bottom. Eyeing a 100%+ move to where it fell off vs. the Bitcoin rally these past few months. Scaling in heavy on this one, definitely the alt to watch out for.
what a project icx?Lead by the Seoul-based ICONLOOP (formerly theloop), ICON (ICX) aspires to build a decentralized network that allows different blockchains to transact with one another. The project's goal is to unify the balkanized blockchain ecosystem through its protocol and community-building initiatives. Potential use cases for ICX include transactions involving securities, currencies, loans, intellectual property, and personal authentication
ICON - An overheated pot!Hi,
From a wide shot, we notice a bullish divergence in Daily (ICON/BTC) started in 2018, November.
The Master Bitcoin will give probably the "go-ahead" when we will have a sharp correction in its Market Dominance.
The answer... we hope so in the coming months!
Cheers!
ICX wave 1&2 into 3wave 1 ended with a fifth wave extension. now im looking at wave 2 and where we can take some trades. right now im looking at wave A to unfold into a ZIGZAG. if thats happens we'll have wave B unfold into a FLAT and wave C ending in 5 waves down and finishing below wave A. ICON is in the making of wave 3 in bigger cycle. top of wave 3 could be as high as 1$. i will be updating wave by wave as much as i can
ICX Thoughts$ICX
Leaving a lot to be desired. Personally I wouldn't enter here until ICON gives me a reason to; aka breaking above the POC (yellow) on a daily close. I want it to show me strength before I throw myself at it.
ICX 20% Pull backICX is signalling for Bullish divergence as the RSI crosses back above 30. Seeing a pinbar bounce off the Bol-band and likely to retrace to the 61 fib at alternated support around 460 sats.
Coupled with a bearish BTC, likely see the Alt market start to rally - However given the ICX/USDT market aswel, this is showing strong support in the order book and also very oversold. Out of all the USDT pairings, ICX is well positioned to outpace BTC corrections and hold steady on USDT pair, while rallying on BTC pair. Fundamentals are also good with recent updates and a higher TX count than ETH that was over taken on the 6th of June according to their Twitter.
It has been a silent crypto this one, much like NEO as of late that does not get much spotlight yet they are the most volatile thus % profitable of the majors. 15m, 1hr, 4hr, Daily and Weekly charts looking well.
