$ICX Finally Ready to Pump. Are You Consider to Jump In?Actually i'm about to post this one when it was @9850 sats. At the moment it already almost 2% from that level.
Why i confidence that ICX is ready to pump. Short seeing from the candle form that it actually pretty basic. Today's candle will actually will exceed the last 4 candles high if it's according to the basic TA theory. It called as "Rising Three Method". Well you can read about it on the internet for more detail explanation.
If you are a scalper you might wanted to take profit at the orange line @ 10260 sats, but actually if you play mid term i will take range of 10800 to 12270 as my profit resistance. If you play long term, the zone that I give colour, the lower one is good accumulation zone and the green one is a confirmation zone that need to be break. Then if i go long term I will definitely take 14640 - 18870 as my first profit zone.
Basically if you judging at the situation right now it's quite hard to not be realistic because as the bitcoin situation running sideway and have a lot more pressure to the bearish tendency, I encourage to actually set the most realistic target and the most careful entry on the most liquid project with great sentiment in the process.
Judging the fundamental actually ICON is one of the best out there which basically i like their progress so far and they are already make a lot of strategic partnerships and even re-invest their money to the other rising project in the cryptosphere. Plus, ICON is korean made. I'm not really korean fan but as we know they're quite made big moves in the recent years towards the development of technology. --- and drama~~~ ey!
So take it as a grain of salt, don't forget to take a look at my other analysis post and give em likes and comments.
I will post the closer look on this post update for a clearer look.
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Icx
ICX/BTC RevisitedICX looks like getting back on its feet after getting rekt by BTC a few days ago and ruined my idea.
Since we have some new development here:
After breaking this resistance I can see all those previous highs as possible targets. Right now it's being held by the previous resistance turned support. Keep making those higher lows babe!
ICX/BTC Looking for fuel to take offIf we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker.
Also a good sign is that it's been making higher lows on the 4H and Daily timeframes.
Only thing that worries me right now is that green pivot level which we have fallen through and is now holding the price, so options would be:
1) aggressive entry right now and pray with your grandma that it breaks the green level
2) wait for the break of the green level and enter on a retest of it as support, this gives you better chance to win + better risk/reward ratio
Targets are red levels , around each previous local high, and stoploss for me would be below the previous low OR below the gray breaker outlined, depending on how wide I can tolerate it.
If it comes back to the breaker and starts making lower highs like that orange path, it would be a sign that it wants to break down further.
ICX/BTC Looking for fuel to take off.If we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker.
Also a good sign is that it's been making higher lows on the 4H and Daily timeframes.
Only thing that worries me right now is that green pivot level which we have fallen through and is now holding the price, so options would be:
1) aggressive entry right now and pray with your grandma that it breaks the green level
2) wait for the break of the green level and enter on a retest of it as support, this gives you better chance to win + better risk/reward ratio
Targets are red levels, around each previous local high, and stoploss for me would be below the previous low OR below the gray breaker outlined, depending on how wide I can tolerate it.
If it comes back to the breaker and starts making lower highs like that orange path, it would be a sign that it wants to break down further.
Original idea by Svarog
Embrace the immensity. ICX / BTC analyticsBUY: 0,00000126 - 0,00000135
SELL: 0,00000168
STOP-LOSS: -
Support: -
Resistance: -
The project creates an open source ecosystem that will allow organizations, such as government departments, universities, hospitals and financial institutions, to interact without third-party networks that charge transaction fees or delay the process.
The ICON goal is to enable ICX to directly use payment for products and services to organizations and individuals who work with the ICON Network.
In mid-August, the token price formed the current annual minimum, stopped at 0.000007670 (the previous one was not updated). After that, next 2 weeks the rate gained 90%. But in mid-September, the price approached a minimum again , where an uptrend began to form with a small angle of ascent.
We also see an accumulation zone 0.00009260-0,00012670, so the buyers were active both in current and last year.
The current price is in the triangle, trading is speculative - there is a struggle between buyers and sellers.
The deposit for the purchase of an asset should be divided into two parts, opening positions at the borders in the corridor 0.00009450 - 0.00010050.
We carefully watching the zone of interest 0.00013094 - this line can become both support and resistance. Part of the tokens in that zone can be sold, reducing the risks. Daily volatility is 4-8%.
ICON has good growth potential, we follow the project development.
ICX/BTC 10.26.18These are things I'm looking at, keeping in mind, just reminders.
Not rules or guidelines but markers and roadsigns.
Where we've been.
And where we might possibly go with a fan fiction roadmap to get you there if you want to buy a ticket.
Believe it if you need it if you don't just pass it on.
A little more downside for ICXAfter bouncing off the demand zone, ICX continues to find resistance near the 1100 area. The slow-moving EMA as well is proving to be tough resistance and seeing that we have broken down from this supply zone, we can expect a retest of the support area below and possibly get back down to the FIB level/trendline before resuming its move higher.
ICX overall does look really good after carving out a couple month bottom so the upside potential is there but yet again we need to keep an eye on Bitcoin.
Thanks guys
$ICX, BANG...
Weekly
Looking at our trend timeframe we see price continuing to respect behavior with no signs of reversal. Support found at 1000 price now looking to test resistance 1500. Stochastic RSI showing momentum in favor of bulls, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price respecting it’s consolidation zone from 1000 to 1100. Stochastic RSI showing momentum is in favor of the bulls, however we are seeing a shift in momentum. A daily close above 1100 activates our trade, a daily close below 1000 and expect another sell off.
ICX/BTC, in the starting blocksHi guys !
ICX looks really on fire to start a bullrun. Since August, higher low was formed and an uptrend is formatting too.
Now, we are at the 1100 sats, and in the next hours, we'll see if the price will break this resistance.
If yes, the price should pump toward 1370 sats before a correction to the next resistance.
Let's see if that's happened !
Thanks for your time guys !