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ICXBTC

ICX/BTC 4 hr...Lookin For That Reload With a Super Tight Stop...As promised, here is a quick update on ICON spread to BTC ;-) Longterm bull on ICX. We had an algo target hit, providing confluence for a technical pivot. Although I do have my eyes set on some potential lower targets, my primary count is favoring the larger swing target, which is where I placed my trade once I saw the reaction. In full disclosure, I was stopped out on my previous trade but not knocked out. Recount, relabel, and reload is the name of the game. Take it from longmoney ;-) Once again I'd like to point out that this is definitely not a place to get long--unless you are a super long trader who can go without looking at the chart for months. It is quite possible that the pivot is in and ICX will at least have some more upside after a healthy retracement. I have labeled my chart showing how I approached this trade, with the hopes that it provides some insight. For my next trade setup, I will post a new chart as the price action develops. Please trade wisely everyone, and don't buy at retail. My educational advice ;-) longmoney
Long
by longmoney
4
ICX on the hourly!Hi all, jumping right into ICX/BTC I dont usually do hourly charts, but ICX seems to be building a nice bull flag right after bouncing right off the 0.00030000 level. I'm bullish for the following reasons - Strong volume has come in (needs to be maintained) - Golden cross on the Moving Average - Seems to be building a base within the longer terms channel (in blue) Remember to combine your analyses with the larger time scales. However, for those perma-bulls out there, there is still a chance that if ICX fails on the blue trend and gets rejected on the Moving Average, it could spell disaster. *Not financial advice*
by gingerbre4d
Buy ICX NOW!?Hey everyone! Really IMPORTANT update on ICXBTC is here! While I was writing it went up almost 5%. Looks like we are about to change the trend soon! Today's 1D candle looks really good, we just need to prove it with the good volume, at least something like 05.11 or perfectly 04.27. We are about to bounce from 0.0003064 support zone. For the confirmation of the trend turn we need at least to have: 1. Support zone nearby Check! 2. Big candle in the opposite direction of trend, which will be bigger then previous candle, perfectly bigger than few of them. And closing higher than previous candle opened. NOT Check! (yet) But looks like it's going to be. We need to wait for the end of the day. 3. Good, really good volume. I mean GOOD volume so everyone go CRAZY! NOT Check! (yet) But we still have time, wait passionately. You don't want to miss money! Remember, we are here to reduce our risks and increase profit! I will keep an eye on ICXBTC chart. Will update soon! Don't take risks, wait for the confirmation of trend. And please leave a like. Thank you!
Long
by lordTim495
4
ICX - Moment of Truth. Fib Retracements Don't Lie?1. I have been watching Icon's chart for quite some time and most people including me have been eager for ICX to complete the Cup and Handle a few weeks back (indicated in the yellow), but has failed ever since. 2. I myself have exited the position due to the market failing to keep in tact the trend lines indicated on my chart, and also has failed to maintain fib level .618. 3. It has bounced on the final .786 fib retracement level, where I made a position, but have gotten back out at breakeven. If it breaks down from here, expect a big drop. Good luck!
by UnknownUnicorn1382647
3
ICX/BTC 5.26.18Sleep is the cousin of death. Periods of consolidation should be periods of study. I saw the advice given that as you study technical analysis further it can be good to share your charts and ideas. You all have that idiot to blame for having to look at this. So. On the ICX daily chart we seem to be forming a very significant pennant (in blue) with a big horizontal channel (in red) with massive resistance and massive support levels. The convergence of those red lines with the blue trend lines is a likely indicator that major price movement will follow breaking any of those lines. And the window is shrinking by the day. Everybody's waiting on Bitcoin...
by Peyote_Manning
1
ICON, ICXBTC - The "Perfect" ScenarioICON, ICXBTC one of the better coins if you look at their fundamentals, partnerships, and objectives. And with our previous analyses, we did on ICX you could have made a very nice profit so let's take a look at ICXBTC again and see if there's another opportunity to (swing) trade it. TRX, TRXBTC. Analyses - As with the market, ICXBTC has retraced quite a bit and it looks like we're probably not done yet. - If the market stays weak for the coming days then we're obviously heading lower and the most likely support area is around the 3250 satoshis level, which is within the "golden pocket" fib. retracement level of .618 - .65. This is also the area where the price hits the lower (blue) trendline again which it has hit and bounced off of numerous times. So this is another indication that is a key (support) area. - And if we look at the Elliot Wave, we're looking to make a 5-3-5 (Zig Zag) correctional wave and it looks like we're currently in wave 4. So the 3250 satoshis and the .618 - .65 fib. retracement level will give a nice wave 5 count. - If the bottom is set, then we 're looking to make a new Impulse Wave up which you can see on the chart above with my current likely projections and count in a so-called "perfect" or ideal scenario. - Within this scenario, we will also look to make and break out of a big cup & handle pattern so look out for that as well. - And by the end of next month, they're expecting to have the ICX/ETH decentralized exchange launched so this should be the next catalyst for the next runup. So there you have it, our current outlook and projection for ICXBTC. In time we'll have to adjust and adapt when things are changing. And as with crypto, things can change very quickly so buckle up cause it's gonna be a hell of a ride ;) Like the post, if you liked it and share it if you loved it. This is for good karma. Leave a comment if you have any questions. And until next time, good luck with your trading! Disclaimer This information is not a recommendation to buy or sell. It is to be used for educational purposes only.
Long
by Trade_Masters
2
ICX/BTC 4hr -Consolidation. We May Not Get Lower Prices-ICON has been choppin sideways, while accumulation continues and trader's look for trade opportunities in other coins. I am a long term bull on ICX. Therefore, please understand my bias with this trade. After a technical pivot which occurred around March 3rd, I now have a proposed count placing us in a 1,2,1,2. This is very bullish and needed to blow through some upper resistance present. Take note, our upper resistance is pulled from our ATH in February. In other words, once broken through the sky is the limit. Hence, my bullish long position on ICX. As always, this is for educational purposes only. Your own TA is the best TA. Please like and comment on this idea as it motivates me to share my ideas and trade progress with all. Good luck everyone, and trade safe. --longmoney
Long
by longmoney