Icx
ICX Looking Primed for a BREAKOUT, Potential 35% MoveBINANCE:ICXBTC is currently testing a key resistance level and is looking fairly strong, along with many other altcoins.
A healthy pullback and confirmation of a support/resistance flip around 1066 would present a nice opportunity to get long.
1200 and 1450 would be nice levels to take some profit.
ICX is possibly looking for a move up.ICX/BTC appears to be within an ascending triangle pattern. We got a nice bounce off of a previous support zone around 950 sat's, and we've been on a steady up-trend on the 4-hour chart. So long as Bitcoin holds steady, we could see a 5-10% move in ICX in the next few days. Good Risk/Reward on this trade in my opinion.
On the 4-hour indicators, ICX got a bullish MACD crossover on October 13th, and the Squeeze Momentum Indicator is showing upward movement. RSI also just crossed into bullish territory as it sits at 51.
Entry: 985-995
Target: 1070-1085.
Stop loss (tight): 970
Stop loss (loose): 925
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility .
ICX/BTC NEW Hamstersless trend The beNice team thanks you for reading us!
The cryptocurrency market gives light to almost all ICO today. Coins release by packs every day.. Often listing is given for nothing. As a last resort, after primary treatment of penny in the wallet under this case will always be in a purse.
The ICON project was released at the ICO on September 21, 2017.
What makes the project unique:
- Soon ICON will open a platform for developers to conduct projects based on ICON, as it happens with other similar blockchain projects, such as Etherium, Neo, EOS.
- The project is going to open local institutes of computer engineering for involvement of developers. So they will be able to evolve developers in writing of smart contracts.
- The project is officially supported by the government of South Korea and is preparing for the implementation of a number of state and industry structures. Avoiding paperwork, ICON makes possible transactions between blockchains unlike at each other.
- Expansion is planned outside Korea, for which relations with partners of the English-speaking world are being established.
From shortcomings it is possible to note that the project can face a possibility of expansion because of small communication outside the region. In addition, dependence on the country's policy adds a portion of rice in a risky Bank.
The blockchain at an early stage of development.And last year's take-off with the subsequent peak paid the market a knockdown. But some projects, meanwhile, do not stand still. For example, judging by the team, the number of employees involved in this project in 2018 increased from 40 to 110.
Possibly, many projects until the end of the year will go out and partly will turn into fuel for growth, without having waited for new rise of the market.The icon is supported by the government, which acts as a shield, which means that the lottery participant is not ready to lose a piece of cake. It should be noted that in the community of South Korea there are rumors about the prospects of even greater loyalty of the Korean authorities to the world of the blockchain industry
The main thing that there was no rain and this gunpowder didn't wash away the 5th wave of the rider of the Apocalypse Elliot in an abyss.
By the way, the technical picture.
It is obvious that the consolidation period expires in early September. Probably, the overbought at the moment will not subside, and the price of the token will go to the corrective goals of 0.0002687 and may decide to fulfill the desire of the wise grandfather Holder of the cherished 0.0004683.
If to consider this token on a matropattern, movement from 50 periodny to 200 periodny MA matches the first launched purpose that can serve as the good trigger to a new impulse.
Recommendation: go long level 0.0001283. Targets 0.0002687 (1.), 0,0004683 (2.)
The risk per trade is the maximum. Support level will be at least 0.0000751 year. In case of breakdown of this level, we will wait for the fixation above it and add a position.
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ICX/BTC: Possible short term pathway back to 800 sat supportBTC moved downwards and pulled the altcoins down aswell. Going downwards on the stoch rsi on the 4h, and almost at the bottom on the daily. Will be buying back when the daily stoch hits bottom & crosses upwards. Sold 50% at 0.0000996 satoshi. I am curious how ICX will move because of the recent pullback of btc.
ICXBTC Buy SignalICXBTC Has a big catalyst coming up, which includes a main net swap + token burn + staking!!! 3 big events all in 1. Even if it doesn't do a parabolic rally, if this is the beginning of another altcoin spring then just HODLing the coins for staking would bring in the passive income that many investors look for, and with altcoins rallying over time that income will grow exponentially.
Definitely a good buy.
$ICX : Yellow Paper + Technical Triangle --> To The Moon ...ICX technical configuration :
- Higher Lows
- Ascending Triangle with uptrend support / EMA resistance
- Long accumulation phase
Environment :
- Token Swap will finish end of october
- Political context in Korean seems great
- Opening a desk in Frisco, USA
Waiting for Breakout
Could be brutal with Yellow Paper Part 3 coming soon