Iconbtc
ICXBTC: Good time to make some gains.Hi All,
It's all in the chart: if you plan on entering this trade please don't risk no more than 2% of your capital.
The market is random, TA can only help us with getting a 50%/50% hedge on capital.
So it is Imperative we always use stop loss.
Swing traders: Statistics and probability are on our side.
Don't worry about being right all the time.
You just have to be right 50% of the time to Double your initial capital.
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement: Price hit Support, Reversal Period,
Stop Loss: 60/40 Split.
Resistance: Price Falls below Previous Support Level.
Only trade when you see repeated price pattern.
Limit to roughly 15-20 trades per month 2/1.
Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me for future charts, like this post if it was helpful, and thank you all.
Happy trading People...
ICX Pull back continues!Hello Dear followers,
It seems like the pullback is still not over and we are heading for one more double bottom formation in icxbtc pricaction. We believe green box is a good entry point, and below that we do not have any support zones since the coin entrance in binance.
ICX - Upcoming Events
30 June 2018
ICX/ETH Decentralized exchange
Validation: 1085/1137
01 July 2018
Blockchain conference in Seoul, South Korea, on July 1st and 2nd.
Validation: 281/291
03 August 2018
"The inaugural edition on the 3rd and 4th of August will take place in Hyderabad, Telengana’s Thriving IT and Tech hub..."
Validation: 30/34
Cryptocholics out, peace out!
ICXBTC HODL I Still Want You Hi All,
Contrary and point of view for ICON ICXBTC. Please, keep an eye on BTC Trend.
I Swear to love you, all my life, ICXBTC, HODL on I Still Want You, HODL on I still need you.
When it comes to fundamentals and Macro Outlook, Icon, check all the boxes.
When it comes to partnerships, Icon, check all the boxes.
When it comes to hype, Icon, does not check all the boxes.
When it comes to DAPPS Being built on icon check all the boxes.
When it comes to future projections, Icon check all the boxes.
When it comes to national pride, And national adoption, Icon check all the boxes.
I'm buying all the dips and I am accumulating ICX, Cost averaging in my ICXBTC Down to 0.0003147 Satoshi with NO Stoploss.
We are looking at a Multi Billion dollar Market cap Asset here people, and yes ICXBTC is an Asset.
This is by no means, Financial advice.
Please read the white paper, and Understand What icon is doing to hyper-connect this world.
Blockchain 3.0, Don't miss out.
HODL 90% of your ICX, and have some 10% aside for swingtrades e.g., if you have 100 you HODL 90 ICX and Swing 10 ICX.
Please, For all that is holy, Don't sell your coins for quick gains.
We are investing into a platform ICXBTC, Which has a real world use case With the Slew of Partnership.
ICX Short Term Play 4hrICX had a nice 22% bounce since the bounce from $7k. After some green days we are finally getting the pullback that is needed.
BTC is floating around $7.5k for the time being and can possibly retrace a little more around $7200.
That being said, a drop in BTC will result in a drop in alts.
This box that I've drawn is my buy zone and I have a few orders layered up.
Additionally, I'm looking to see if the candles hit the trendline which could signal a potential double bottom.
Things to add: Volume is declining signalling a potential break soon. RSI looks to bounce, historically, off the 20 or right above it.
$ICX bounces off support and up to test resistanceCHECK RELATED IDEAS - As you can see, over the past 13hrs, $ICX came down to support and bounced right up to resistance zone. Looks like it's a bout to test it soon with a possibility of piercing through (candle wick not included has to burst out from resistance). If it fails, back down to support.
RSI is also shown nice trend upward hopefully bursting into over bought zone and using 60.0 or 40.0 as support
$ICX ready to breakthrough Resistance of 0.0003720?$ICX looking like it's on the way up to test the resistance of 0.0003720. On the RSI, it has started an upward trend and on the daily RSI it has spiked up out of oversold and tipped over the 40.0 mark. Making it look like it's the start of a new climb up for $ICX. But, I like to have other possible outcomes available to me and if it fails to breach resistance I see it falling into "Support Zone" down to as low as 0.0003450.
ICON: MARKET RECOVERY & PARTNERSHIP- PROFIT = 22.39% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 28th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 22.39% 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".
May 8: ICON announced a strategic partnership with Japan’s first crypto fund, B Cryptos. This is supported by Japan’s top venture capital funds, B Dash Ventures by Japan’s leading cryptocurrency exchange QUOINE, which will invest in various ICOs and cryptocurrencies.
May 11: ICONest, ICON's token launch platform is launched.
May 14: ICON and LINE PLUS, a global social platform with over 200 million monthly average users(MAU) worldwide, has co-founded ‘Unchain’ to build LINE’s blockchain network. Unchain aims to develop various DApp services while building synergies with ICON to expand the blockchain ecosystem.
May 30: ICON announces its strategic partnership with TRIVE, a Venture Capital firm based in Singapore.
As ICON’s strategic partner in Southeast Asia, TRIVE will also provide green lane assessments of startups for expedited access to support from ICON. This would accelerate the development of new blockchain projects from Southeast Asia onto the ICON network.
Analysis suggests that increased interest as a result of the ICON and LINE partnership has generated interest and trading volume in ICON (ICX).
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
ICONICXBTC moving in uptrend. I see triangle.
200 Million Users Messaging Giant LINE Partners Blockchain Project ICON
decrypto.net
CHAIN ID : The world’s first blockchain joint authentication service
This post is to help you better understand CHAIN ID, the world’s first blockchain joint authentication service developed using theloop’s blockchain engine loopchain.
Discussions are underway in Korea regarding a regulatory shift away from the use of ‘Certified Certificates’. Certified Certificates are issued by a centralized Certificate Authority as a method of personal authentication (digital signature). Financial institutions are at the center of the debate, hoping to move away from using a centralized authentication method to a more diverse and flexible standard for personal authentication.
Answering to the needs of a new method of personal authentication, theloop has joined the Korea Financial Investment Blockchain Consortium as a technical partner to develop CHAIN ID. CHAIN ID is the world’s first blockchain joint authentication service and has been in use since October 2017 by 11 securities companies..
Public figures, such as the chairman of the Korea Financial Investment Association and Don Tapscott, author of ‘blockchain revolution’ and advisor of ICON, sent their congratulatory message in the opening ceremony of CHAIN ID.
We expect the blockchain joint authentication service to extend its use into other industries as well.
medium.com
March, 2018 — Token Swap, Mobile wallet
April, 2018 — IISS launch, ICO platform
Q2 2018. — ICX/ETH DEX, Public Channel
Q3 2018.— Governance Channel, IISS Improvement
Q4 2018. — SCORE Improvement
ICX/BTC Weeky chart formationICX/BTC seems to be forming a rising wedge on the weekly chart. After the large downturn we see price made two higher highs which is acting as the resistance level of the wedge and two higher lows with a couple close touches. Although it is a week rising wedge the decreasing volume is what is making me believe this could be the case. I don't think we will see any significant movement outside of this wedge formation for the next month or so.
Happy Trading
~Laika
$ICX-BTC | Is this the bottom?My Assumptions:
1. Bitcoin doesn't do any crazy moves.
2. People expected way more growth for the consensus week, since ICON has been one of the major sponsors. These short term speculators may have left the market in huge dumps during and after Consensus2018.
3. The joint venture with Line is big. But the impact wasn't as big because of Nr. 2.
4. Launch of ICONest, their ICO plattform, didn't have a bigger influence on the price, since the ICON team (or "exchanges", I don't care) still didn't manage to complete the token swap.
My Predictions :
We still have a long way to go up, as long as the team delivers and reaches milestones.
I think a lot of people saw the cup and handle pattern. At first I thought the top line is at around 46500 Satoshis and the breakout would work out a lot stronger. But meanwhile, I know the cup and handle was actually a little smaller with the top line at around 42000 satoshis. The purple lines belong to this pattern. As you can see the depth of the cup fits perfectly to the recent high of around 52500 satoshis. So the breakout around April 24th should be ignored. Using this purple trendline, I can see a descending triangle with the purple line as bottom line. The dip below (on May 11) can be ignored for this pattern, since it corrected back up very quick and big time. The fib levels seem to be important supports and resistances as well. If we see a break above the yellow line (drawn on the daily in log scale) I expect a break above the 0.236 fib level as well, which should add some additional fuel to the rocket. ;-)
My Target is a break back above the white trendline. I guess ICX is going to come back to follow this trend line, and maybe starting to form a nice ascending triangle with 52500 or 55000 as upper line. And then we will see! :-)
Possible Trades:
Buy zone: 42000-44000 satoshis
Target 1: ~10-15% profit
Target 2: ~20-30% profit
What do you guys think about this idea?
Sources :
Consensus Sponsors 2018: www.coindesk.com
Launch of ICONest: medium.com
ICX Token Swap Status: medium.com
Partnership with Line: medium.com
None of this is financial advice, of cause. I am just drawing fancy looking lines on my screen.
$ICXAnother Alt coming to a decision soon, looks to be accumulating just under .382 fib and around .00047 sats. I have a bag. This project has too much good news and partnerships coming, strong hodl. Hoping to move some capital and add more to this position now.
ICON: ICON AND LINE PARTNERSHIP = 20.17% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 20.17% 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".
May 8: ICON announced a strategic partnership with Japan’s first crypto fund, B Cryptos. This is supported by Japan’s top venture capital funds, B Dash Ventures by Japan’s leading cryptocurrency exchange QUOINE, which will invest in various ICOs and cryptocurrencies.
May 11: ICONest, ICON's token launch platform is launched.
May 14: ICON and LINE PLUS, a global social platform with over 200 million monthly average users(MAU) worldwide, has co-founded ‘Unchain’ to build LINE’s blockchain network. Unchain aims to develop various DApp services while building synergies with ICON to expand the blockchain ecosystem.
Analysis suggests that increased interest as a result of the ICON and LINE partnership has generated interest and trading volume in ICON (ICX).
ICON (ICX) How far can this rally go?BTC tanks to 8500 while ICX pumps to 4800 from 3900 satoshis. What happened? Ever since the RSI has dropped below 40, we have seen a decline, but that does not mean ICX cannot rally back to previous levels.
Likely Cause:
-The ICONest Webpage Launch was today
-Strong bounce from big support level
Buy In:
4500 satoshi range
Price targets:
4737-4800 satoshi range
5200 satoshi range (unlikely)
Stop Loss (Highly recommended)
4498 satoshi level
This rally can continue if volume keeps climbing. ICX holding past 4700 is going to be quite difficult. If it plateaus or we see bearish divergence, I believe selling out is the right move. This trade is very risky and I highly recommend the stop loss. I started posting this idea when ICX was 4500, and in around 10 minutes it rallied to 4600. Pretty crazy.
If you have any comments, please leave them below. Thanks for viewing and good luck in your future trades.
ICON more bullish then ever# STOCK RSI (D)=> extreamly Oversold
# ICONex Token launch platform coming
# Sponsering consensus 2018
# DEX launch 30 June
** I am not a financial advisor neither professional trader. This idea is just for my own educational purpose.
ICX Short Term Possibilities ICX is currently forming the last shoulder of the head and shoulder pattern, expect a breakout following my white lines.
Breakout of the head and shoulder pattern should lead us to our first take profit area (green dotted line) and complete the cup/handle pattern.
From there we can watch for a breakout of the cup and handle or if volume fails, wait for a retest and possible breakout.
Ive labeled what I consider likely paths.
Posted on discord server first (currently private)
message for invite
ICON (ICX) bullish signals on the 1D Chart - C&H + Double bottom- Cup & Handle pattern -> Check
- Double bottom played out -> Check
- Strong RSI -> Check
Strong Fundamentals coming from ICON:
11th May
Introduction of ICONest: ICON’s Token Launch Platform
medium.com
30th June or earlier
ICX/ETH Decentralized exchange
medium.com
| Icon $ICX | Cup & Handle Formation | 5/6 | Technical Analysis:
- Cup and handle formation seems to still be in play
Possible 30+% trade if Target 1 reached
- Awaiting bullish cross of the bars & 34d Ema
Support/Buy Zones
~4000-4200 sats
~3550-3750 sats
Fundamental Analysis:
- ICONest Webpage Launch - May 11
- ICX / ETH Decentralized Exchange (DEX) Launch - End of June
Short term (1-3 days): Bearish
Mid-Long term (1+ weeks): Bullish
Bullish roadmap for ICXWe are still correcting and sloping downwards. I am watching for a clear break out of the channel, supported with good volume.
Also the 0.5 fib level is a level to watch.
Overall, ICX is looking strong in my opinion. However, we must consider that BTC can mess things up.
patron tazita de cafe en ICON/BTC -BINANCEpatron de tazita de cafe en ICON EN EL INTERCAMBIO BINANCE
ICON (ICX) ABC CorrectionI'm going to risk it early and say that the shorter term correction is over. I have been able to count 5 waves down in both the A and C waves. If BTC makes another large run then this will probably just fall a little lower though.
