ICXBTC
Bearish Divergence forming on ICX. ICX/BTC is forming bearish divergence patterns on the 4-hour RSI and CMF. MACD also got a bearish cross-over on the 4-hour. We can also see a clear swing-high failure on the RSI, as shown by the green line on the RSI indicator. Also, we have overhead resistance from the 0.5 fib line that we haven't been able to break through with conviction yet. I suspect we will see it drop to at least .618 around 1030, and if that fails to hold, we will retest the .786 around 915. I won't rule out a possible retest of the .5 fib again before a move down, but in general, it appears the momentum is shifting back to the sellers. Do keep an eye on Bitcoin as well, since it has major influence over alt-coin movements.
Entries to look for on retrace:
.618 fib level around 1030
.786 fib level around 915.
--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.
There is a possibility for the beginning of an uptrend in ICXBTCTechnical analysis:
. ICON/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0001130)
Ending of entry zone (0.0000770)
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 the 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= @ 0.0001460
TP2= @ 0.0002060
TP3= @ 0.0002350
TP4= @ 0.0002640
TP5= @ 0.0003790
TP6= @ 0.0004720
TP7= @ 0.0005660
TP8= @ 0.0006990
TP9= @ 0.0008680
TP10= Free
There is a possibility for the beginning of an uptrend in ICXBTCTechnical analysis:
. ICON/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0001130)
Ending of entry zone (0.0000770)
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 the 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= @ 0.0001460
TP2= @ 0.0002060
TP3= @ 0.0002350
TP4= @ 0.0002640
TP5= @ 0.0003790
TP6= @ 0.0004720
TP7= @ 0.0005660
TP8= @ 0.0006990
TP9= @ 0.0008680
TP10= Free
icx..something that nobody mentionedHello folks..Finally icx in getting into a big play.The play that owes to all of us and a play that will get us back to the glory icx days.
Broke the triangle with quite good volume but the most indicative thing for much bigger move is that broke above the 200 EMA on the 6h chart and restested it successfully..
Last break above the 200EMA was on 15th of April and on 20th of May broke down and since then it never hit it back.
We just need some more volume and the beloved icx will moonshot..
Fundamentally 25th October they are finishing the token swap for their mainnet.They anouonced that around 15% or the total supply hadnt swaped into the new token yet.That means that if this number stays like that on the 25th there will be a huge coinburn that will help the price climb igher in the future.
Fingers Crossed and lets ride a good rally and not just a 10-15% pump..
Trade safe
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/BTC 8.13.18 See you at the crossroads?Green horizontal line is when the ICX/BTC pairing first hit binance. The blue trend line is a very serious point of resistance for ICX ever since it's peaking double top. The yellow line is recent support. Either which way it looks like ICX has to break one way or the other by early Septembre. It probably depends on BTC. Like most alt coins it remains a real wait and see. I think this one is gonna be one real dramatic dance either way.
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.
BeNice team keeps abreast of any changes in the market situation! Do not miss the important news! Subscribe to the channel!
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.