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ICXBTC

ICX/BTC daily analysis 7/8/2020Good evening all and welcome to another Alt coin analysis Im trying out. I am looking at ICX/BTC and I am seeing some life in a coin that is still pretty far down from its ATH. The thing is if you are trading this you can still make a lot of money if you play your cards right. Last time I analyzed this coin was the middle of last year and that is when I put this fib on the chart. It was almost valid enough to leave on the chart but I drew a fresh one just to make sure we were covered. I also put my typical set up on the chart so lets discuss the current situation. ICX is a double edged sword at the moment anyways. I really hope that the pump continues similar to how VET has took off. But I cannot promise the same results. Back in Feb of 2018 we were at 92000 sats. Right now we are close to 4100 sats so we still have a mountain to climb if we are going to get back to that ATH we want to see. But traders gonna trade. You can still make money on this coin but buying right now may not be the best idea and Ill explain why I feel that way... I see we have had 3 rejections at this level in the recent past. So the .382 fib is strong resistance. If we can muscle our way above the .382 fib that should cause some fomo though so I am curious to see what the bulls can do for us. Right now we are above the 50 MA and the 200 MA and the cloud on the daily. But we were the last 2 times we attempted to break above the .382 fib. Right now if you ask me it is all wagered on if we break above the .382 before we can advance any further. Fomo should show its face after 2 solid rejects at this level traders are watching for a breach of this level. The .382 which is approximately 4575 sats. I have my eye on that level. If you want to go long here make sure you set a stop loss. Nothing is written in stone at this point so you will be taking a risk if you want to jump into a long at this point. But Ive seen stranger things. I mean on the chart. Not the show on Netflix. Although I have see that too. Its okay. I think Ive used this joke before so lets move on. WTFDIK :) TLDR: Alts usually move when Bitcoin is moving sideways from what I have seen over the past 17 months I have been doing analysis. Just an observation. Do you agree?
by UnknownUnicorn4304403
2
ICX/BTC 1D (Binance) Bullflag about to breakoutTA: Icon is starting to look bullish again, with that alts momentum going on this could pump nicely, and MAs are holding price action. FA: ICX will be on special sale at -50% next Thursday in The Syndicate of Crypto.com exchange, using CRO. Plus you can Earn up to 14% APR there. Current Price= 0.00003499 Buy Entry= 0.00003500 - 0.00003238 Take Profit= 0.00004142 | 0.00005035 | 0.00005670 Stop Loss= 0.00002596 Risk/Reward= 1:1 | 1:2.16 | 1:2.98 Expected Profit= 22.94% | 49.45% | 68.30% Possible Loss= -22.94% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin Leverage= 1x Estimated Gain-time= 960h
Long
by TradingOn
ICXBTC at list 50%+ gains coming month#ICXBTC is a super strong project in KOREA alone. they will DOMINATE KR Blockchain businesses. I'm holding this to be rewarded in bull market to come. but for now ... after last crazy run icx has corrected and formed a Bullish flag and still holding above the crucial level. Soon we can expect a breakout of the resistance. Try to Enter on pullback around 3500-3700 Sat or buy the break out! ICX has also mainet on 28 July so i expect at list 40%+ push Target: 0.00004330 5383 6154 7315 8692 Stoplos below support line!
by CryptoUltron
1
ICON (ICX) To Go Next?If there is something we are 100% certain of now is that the altcoins market continues to grow. I remember saying many times in the past... " This is only the beginning " when we saw strong bullish action and I truly believed it. I am happy to see the altcoins market (cryptocurrency) growing and growing... Here we have ICON (ICXBTC). This one is now trading above resistance in the form of EMAs... No longer resistance since prices are now above, these can be considered support on the way down when prices drop. The way the chart is looking now, ICXBTC can easily produce a very strong jump. Namaste.
Long
by AlanSantana
5