ICON Retrace Might Be Over | Potential Targets Mapped (50%)I was looking for something that looks like it can move quickly... ICXBTC (ICON) is just coming out of falling wedge after a fake breakdown of support... In this type of setup, it is easy to see a bullish move follow.
Prices retraced to the 0.618 Fib. support of the last bullish wave.
The volume on the drop was always low, signaling that the bears are nowhere to be found and this is a standard/classic retrace.
Prices are now moving back above EMA10 and EMA100 while the RSI and MACD are going bullish.
These signals are telling us that ICXBTC is getting done with its retrace and is likely to move higher.
Conditions for change
The markets are always changing... Prices are always moving down and up... Right now we have bullish signals but tomorrow it can all go wrong.
So, if prices close below 0.00003250 on the daily time frame, the above signals become invalid and there can be additional drop.
If prices remain above this level (the last low), we remain bullish and expect a bounce to take place and hit the last peak or just below it.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
Icx
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980)
Ending of entry zone (0.000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001400
TP2= @ 0.001760
TP3= @ 0.002250
TP4= @ 0.002965
TP5= @ 0.004325
TP6= @ 0.005420
TP7= @ 0.006520
TP8= Free
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980)
Ending of entry zone (0.000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001400
TP2= @ 0.001760
TP3= @ 0.002250
TP4= @ 0.002965
TP5= @ 0.004325
TP6= @ 0.005420
TP7= @ 0.006520
TP8= Free
Navcoin looking good and I still can not draw chartsProbably my fav coin (along with ICX and XMR). Devs are working hard on project and did even in full bear market. You can check their GitHub. Repositories receive commits on regular basis. I suspect shorterm goal is somewhere between 0.00003 and 0.00004. Good fundamentals to go (very) long if you haven't yet.
ICXBTC Current Bullish Update for Long EntryICXBTC Now Looking Bullish :
ICXBTC Current Price is 3945 Satoshi.
Whats Chart Says.?
According to Chart Now Price hold above 50MA Support at 3900 Satoshi.
but Also price struggle at 4000 Satoshi Resistance Line.
so Important Thing is If Candle hold above 50MA support and Success to break upward 4000Satoshi Resistance then I can expect Bullish mode again.
Most important Thing Price also very good support hold at 0.6 Fib Retracement.
If retracement 0.6 Fib hold successfully then TA says We can see New High.
So lets see what will happen.
and trade with carefully guys.
if 0.6 fib Strong support then Ready for Again good Profit.
Support: 3900/3684 Satoshi
Resistance : 4918/5896/7835/9120 Satoshi
Resistance = Targets
keep in mind risk management also guys
Please like and follow me for latest crypto updates.
Thank you for your love and appreciations.
ICXBTC 300% profit ChartICX/BTC Very bullish when I posted Chart.
When I posted that time breakout confirmed and I told you buy.
After breakout confirmed it went upto 300% profit within few days.
and price went upto around 6500 Satoshi from 1500 Satoshi.
Huge profit because of Technical Analysis power.
please like and follow me for latest crypto updates
ICX long6 R trade at least
entry: 0.00004099 (now)
stop: 0.00003860
target: 0.00005550
i will look to manage trade, take profit, adjust stop around 0.00004500
also, not closing 100% at target. too many big pumps in the market right now to not leave some position to ride one.
UIOGD - JMJ
Travis
ICX $5 End of Year Prediction #ICX $ICX #ICONPutting into cement my final year prediction for ICX (aka Korean Ethereum).
Current Price = $0.41.
EOY2020 Price will be $5 or greater, a 1200% increase.
Throughout the bear market, ICX has flourished.
It's achievements were virtually unrecognized.
Now they have real products and a real shot at being a major player in the future of blockchain.
I am sitting on my stack, going to be worth millions of dollars.
Slangin Shi.. I mean Altcoins Long ICXETHICXETH on the 6H may be preparing for a move up. Nice double bottom support, holding above the 50 simple while dipping into the bottom Donchian Channel. Stoch has a fresh bullish flip with plenty of room to run. I have a limit order in place and will let it come down to meet me at my price. If I miss it, I miss it. Scale out 50% at 2atr to lock in some profit and then trail the running half with a stop of 2atr.
ICXBTC Short-termI am wondering what will happen to ICX when we look at the 4-hour chart.
If we look at the chart we see that the volume is fallen and the MACD is currently bearish.
On the other hand, ICX remained above the 50-EMA despite the huge sell-off after the 300% pump.
I am waiting for more clear signs to take a position. What do you guys think?
AION NEXT STOP 0.17 USDAION about to break out of descending wedge.
Simple as that.
Same thing happened to BTC on the 5th of Fed and I was 100% right on my prediction.
Plus, have in mind the latest rally and the greater picture. Nothing just happens. AION and ICX are in partnership for something big (Blockchain Interoperability Alliance). Do your research and you'll find out.
So, any highs now are tomorrows lows and both AION and ICX have just started.
P.S when we talk about altcoins season, AION and ICX are the first to pop in my mind.
Disclosure: Please be informed that information I provide is NOT a trading recommendation or investment advice. All of my work is for fun purposes only.
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: