Icon (ICX) Long SetupICXBTC has been absolutely HAMMERED during the bear market. However, I've noticed some positive news recently for this coin, as well as a massive increase in volume. While I didn't catch the extreme lows, there is still plenty of potential upside. I'm practicing some VERY SMALL trades with high reward possibilities in order to build a trading stack from scratch. I've started out nicely with my BAT trade, that generated a 40% return right off the bat (no pun intended).
This setup is as follows:
BUY if we break above the ascending triangle resistance (around 735 to be safe)
Targets:
860
924
1028
1400-1500
This setup will be INVALIDATED if we break below the ascending triangle support and if we go below 675.
This is not financial advice. This is a trade that I'm currently in, with a very small position, just to try out some strategies.
-Victor Cobra
Icx
ICX is 50% profit in short termGuys, been calling how much profit potential ICX is for a while and the bottom from the last dip has been rounding off nicely. We have found support on the daily 25 and 50 EMA and now looking to attack the 100 DEMA and 200 DEMA. I expect a minor pullback on the daily from the 100 DEMA intersection but a more substantial pullback on the 200 DEMA intersection. I am not one for setting exact targets so far away from the event as crypto is very dynamic imo. I will update this idea with confirmation pushes. Thank you.
Possible breakout for ICXUSDT - Will daytrade it.By the looks of it, ICX starts to look interesting.
There is heavy volume in the uptrend after the latest heavy dump of Bitcoin.
What I do see though, is that MACD-H is not showing that much strengh, and if we extrapolate this it could become a bearish divergence.
The Elder Force Index that I use, does show that a lot of strength is in the upmoves, which is bullish.
Stochastic RSI shows that although we move up, we are far from overbought, which means there is room for a good upmove.
Long term:
If you want to be on the save side, wait for a solid breakout through 0.285 cents.
Short term:
As I am daytrading it, I will dive into it right now, and trade the way up to at least 0.285, where it will probably go to, and then either bounce or break through it.
This does mean that I keep my Stoplosses on short term Lower low levels. I will not post my day trades as that would be too much work.
Target: Still open, as we are coming from a heavy dump.
180% Profit from ICON ICX in 3 to 4 monthsDo you remember those big gains from all those random coins that all of a sudden just started shooting up the market cap leaderboard. Well this was one of those that was actually ATH of over $12. From current price that is 4800%. I have accumulated a nice bag of ICX because large percent gains are on the horizon and although coins such as LTC and ETH are doing well, they just don't have the same profit potential that ICX has when comparing them to what I call the 'ATH Comparator'. In my opinion people should pick up a cheap but sizable bag at these levels before you look back on this idea and regret not listening to me. Good luck.
ICON Passive Breakout (Before The Jump!)Here is a quick trade idea to remind you about ICON (ICXBTC). This one has broken passively above EMA10 and EMA50 and it is looking bullish and ready to make a jump.
You can notice the green arrow and our targets in red.
The stop loss is marked in black. We use manual stop loss for trading altcoins (cryptocurrency).
RSI and MACD on the bull side.
Here is an active trade for ICON (ICXBTC) if you are looking for detailed trade instructions:
Remember to hit like...
Thanks for the continued support.
Namaste.
ICX/BTC scalp break outWe where keeping an eye on ICX over the last week with some healthy trades in this range which started to tighten up last night.
A small entry off the bottom of this range and we have now broken out of the pannent.
We are finding resistance here at the top of the range which was expected but hoping to see price hold about the down trend line. if so we will stay in and shoot for previous high.
If we fall back down below the white line we will stop out and look for another entry back down at the bottom of this range .
so far 4% shooting for 11%
ICXBTC Ichimoku and Volume Profile Looking Bullish12hour 100% Bullish Setup with price being above all lines and cloud being green. Look for pullbacks.
3hour 100% Bullish Setup with price being above all lines and cloud being green. Look for pullbacks.
1D Resisting 659. Nearest support is 634, then 611. Watch for pullbacks to support, we want to see clean bounces and strong buying volume off support.
1D Volume Profile shows that price is picking up and pushing away from POC around 636 price is rejecting the Value Area High 673.
ICX Icon Double Bottom Confirmed +33% Incoming Short Term ICX Icon, the Korean Ethereum, is ready for another pump and the indicators on the H4 are showing a bottoming. The Double bottom has clearly occured on the USDT pairing and confirmed with an initial pump away from the bottom. Couple this idea with my idea that bitcoin is about to rocket up and coins which did very badly throughout the bear market such as this one will recover better than those that did not do as well. The fundamentals for this coin are really strong and the Korean Team are constantly met with good news, praise and support from the Korean government!
TA only,
timmy_aussie.
ICX interesting price actionIf this daily candle 23.03.19 can close above the 50 day moving average, preferably above 640 sats then it would potentially be a nice place to go long. The moving averages are starting to curl which could be signalling a trend reversal so long as BTC doesn't dump in the coming week. The histogram is starting to tick up and as we can see the RSI has been consolidating for a while now so I'm currently just waiting and watching what will happen. If we get a rejection on the daily I think it's possible we may see a retest of the previous swing low at 613 sats and possibly even lower.
Long ICX/ETHI'm seeing a positive RSI divergence on ICX/ETH, as well as noticing that ICX seems to be underperforming a lot of cryptos over the past few weeks.
This looks like a good potential long opportunity on this pair at 0.001688 with target possibility of 100% gain in the next few weeks IMO
#notfinancialadvice
ICX Setup- How tradeICX has been in this range for several days. It is possible that the box will be broken up or down. You can wait for the closing of an H4 or Daily candle for the more conservative (more secure), above the range, to enter the purchased operation. I advise partial profit on the first target. Remember the stop below the top of the range if you enter the break.
Another strategy is to buy at the bottom of the range, with small stop order. Let's wait
ICX/BTC short term trade opWe have had a few solid trades off ICX in the last week or so, failed attempted to set up for EW recently with a bearish divergence formed on the closes, and can see a gartley harmonic pattern brewing.
Ideal drop to the 786 retracement over all puts a good bounce possibility at around .0000550 btc
We always teach our members to be conservative when trading harmonic patterns specially in crypto markets, 38 and 50% is ideal targets the 618 can some times be a real stretch of a target specially with current market situations.
at the same time the .0000585 level could prove to be a hold up on this down trend and may not reach out entry position, patients is the key here, if it doesnt get there it doesnt get there...move on.
ICX/BTC flag pattern fast / 25% incomingHello traders!
After a really long time i am somehow back. i have a job now and tring to help at home as much as i can since we have some problems... but after all here is my icon/bitcoin chart...
The flag does usually extend to the same lenght as it pole was. that is why there is a black doted line.
First i would look for that 1st target tho. it has just a small resistence there in it might break it to the doted line. That would be a critical area (at least in my opinion. we wee probalby see a retrace betwen 1sttarget and doted line and that is where i would look that we do not lose that 1st target level. if we do.I am selling
Have a good one