ICON/USD - FANTASTIC BUY FOR FEW MONTH 8,820% - CryptoManiac101ICON / USD TA
Very bullish on this one guys - you might have to hold on to it for few month, but it's worth it from out point of view
Iconusd
Would you short this? #ICX daily inverted chart.
New all time low reached. Great risk to reward ratio for longing for a LONG term play. Uncertain about short-medium term due to Bitcoin's uncertainty but if you aren't already scaling in here then you should highly consider it at these levels for a long term investment in a fundamentally strong project.
ICX possible come back Big volume trading currently at ICX and it seems to be increasing daily.
There is a bullish divergence with the volume and an bull momentum forming,
Chart is self explanatory.
Be safe
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 Machine Learning Crypto Signal The rolling three-day signal for Icon (ICON) is "Don't Own". This is day two of the three-day signal. The signal will be updated again Saturday. For further details or discussion, feel free to leave any questions or check out signature/profile.
Icon Machine Learning Crypto SignalThe rolling three-day signal for Icon (ICON) is "Don't Own". This is day three of the three-day signal. The signal will be updated and shared again tomorrow. For further details or discussion, feel free to leave any questions or check out signature/profile.
Good Time to Buy ICX!Seems like it's finished its big correction from the previous major cup and handle that it successfully completed.
I think it's a great time to buy ICX now. In the next few weeks it could be poised to increase.
Remember,
Patience is Paramount!
Good luck!
Icon Machine Learning 3-Day Crypto SignalThe rolling three-day signal for Icon (ICON) is "Don't Own". This is day ONE of the three-day signal. The signal will be updated and shared again on Sunday. For further details or discussion, feel free to leave any questions or check out signature/profile.
Icon Machine Learning 3-Day Crypto SignalThe rolling three-day signal for Icon (ICON) is "Buy". This is day two of the three-day signal. The signal will be updated and shared again on Thursday. For further details or discussion, feel free to leave any questions or check out signature/profile.
ICON (ICX) Quick bounce up looks likelyHey everyone! After a 10.91% correction from its highs, another bounce looks likely for ICON as it is once again trading around support. This trade could fall through so I recommend considering a stop loss somewhere under the support zone.
Trade Signals:
-ICX hovering around 4700 satoshi's, which has been shown to be our current support level on the 4 hour chart.
-RSI is not falling below 40, and frequently hits 70, meaning we are still in an uptrend. If the RSI drops below 30 and is unable to hit 70, it may signal the start of a short-term downtrend.
-The Stoch RSI, which identifies short-term trends, is below 0.2, indicating ICX is currently oversold.
-We are still in an altcoin cycle, and people are still very bullish. Not to mention coins are once again reaching all-time highs.
How to trade:
Buy in:
- 4600-4700 satoshi range.
Targets:
5000-5100 satoshi range, where ICX was rejected twice.
5700-6000 satoshi range, which has shown to be resistance months before.
Stop Loss (If you decide to use one to reduce risk):
-Somewhere under 4700, but I believe the chance of getting whipsawed is very high.
Thanks for viewing! If you have any thoughts, please take the time to write them down. It's how I ultimately improve my TA.
On a side note, do you believe Asia is currently doing most the selling in this market?
ICXBTC, 4H ICX TA, strong targets ICX TA regarding upcoming ICO-Platform and IISS launch 30th April.
medium.com
ICXBTC nearest resistanceICXBTC nearest major resistance. Once it breaks upwards with a great volume, enter a long position.
ICON (ICX) Macro Wave Count (Short Term Charts Added Below)Here I am projecting the possible medium/long term outlook for ICX. This projection takes into account the possibility that wave 1 is now over. Below I have added some additional sub wave counts for wave 1 - just to play Devil's Advocate!
ICX Next Target : 2.85 For everyone holding Icon: It will correct and the next target is : 2.85
Divergence announcing the correction (yellow Arrows on chart)
ICON Alt-SeasonI believe the Dec/Jan move was a 'macro' wave 1. Wave 2 was a WXYXZ correction - the last wave was a B wave that ended in a truncated C, this is not wave 1! Waves 3,4,5 will be included in the next move. Wave 2 was long and drawn out so wave 4 will be fast and sharp.
ICON Trading Opportunity ICON showing signs of strength again after 36% correction from Bitthumb pump
Signals:
ICX having a hard time breaking through 3375 resistance, which is the 0.382 fib level
RSI: Very strong. In crypto we know the RSI is very accurate at predicting short term price drops, and this one is approaching the overbought zone on the 4 hour. However, a very strong RSI can also be a good thing if volume can match.
Bitcoin dominance on a decline again, we can safely assume alt season is likely here
How to trade:
Safe: Buy in at 3400 sat level after convincing volume allowing it to fully break out of the 0.236 resistance
Sell points:
0.618 fib level, where previous resistance was
Risky: Buy in at 3400 sat level after convincing breakout.
Sell points:
4115 sat level
If you don't agree, please leave the reason in the comments. I will read and consider all your comments and use them in my next TA's.
Icon has alternate Bull claimThe 3-3-5 is there and complete..... which would make it a 1-2 move rather than a c wave
Maybe C of B or 1 of C either way im outWe might see a little push up however i dont see it likely Its short time. Unless your longterm holding. I see btc breaking so Icons price will only move up with it going down or staying relatively the same. I dont for see a huge drop however looking at it as a 1-2 move in wave C we could go lower than target and hit the 1 for 1 on C wave again
ICON - Fall back DivIFFFF We are done going down, (which is a major condition for the divergence to work out), then the next target around 3.50 before red line.
ICON At 5.2 before March 29 Big hidden Bullish Divergence that starts at $2.20 ends at $3.70
Next Target $5.20 before march 29
(Growth of 40$)
