ICXBTC
ICXBTC 6h cup and handle done, where are going ICON?Interesting to see what we can expect from ICON, ICX the next couple of weeks. Very nice cup and handle formation done, already seen the aftermath of this. So now, what and where are we landing?
Where is the new support line and where is the next resistance line?
I believe this is carving out double bottom up and handle Be careful here. B wave could go all the way up to .786 and trick a lot of people. I only put this out as a secondary count and something you need to be aware of. I'm looking at it and with double bottoms you will have these waves go about 5 percent past the previous little up tick from A finishing
ICX Breakout soon!All Breakout indicators aligned.
My expectations are (short term):
Target 1: 51k sat
Target 2: 56k sat
Target 3: 61k sat
Higher is Possible but if we look at the charts history it bounces at allmost every resistance
In my opinion ICX is very undervalued and ready to see a new ATH -1.62% soon and it wil not stop there.
Comments are welcome and normally the drawings on the chart speak for itself .
I'm just starting to publish my TA's at Tradingview and planning to do these more often, if you like these? Do follow me.
Tipping Jar:
BTC: 1NWXeH6GHSEVG7wjZEMEmLvwu2KjJMau2
ICXBTC Buy OpportunityICXBTC
Hi Traders.
The market bounces off tenkansan and previous swing high.
All indicators on ichimoku are bullish.
Current price action showing good level of support at the tenkansan and a new buy opportunity presents itself at the current levels.
For the aggressive traders. Pending buys can be placed on the break of the current rejection candle at 4890 sats.
For the conservative traders who require confirmation. Trade once price breaks and closes outside the consolidation area at 5050 sats.
TRADE:
Aggressive entry Pending Buy at: 4890 sats
Conservative entry Pending Buy at: 6350 sats
TP1 (Short term): 5650
TP2 (Mid terms): 6350
TP3 (Long term): 8450
Stoploss: 4400
ICXUSD / ICON - I'm All Jacked Up On Mountain Dew!Hello Crypto Friends! Hope all is well. Let's see how ICX is doing on the 4 hour charts.
As you can see on our charts circled in green, we had our Golden Cross between the moving averages around April 17th and it's been a steady climb up the hill to our Fib Retracement level target of $4.27. We hit resistance at $4.90 and and came back to take a breather at the $4.27 range. We did see a dip in our purple trend line and the 50 day moving average which has been our current support lines, but ICX bounced back up above. MACD looks like it want's to move bullish but we'll wait out for the volume to consolidate and pick which way the trend will go. We'll keep a close watch and provide updates to see which way ICXUSD will swing. Stay tuned.
Hit the Like Button and give us a follow if you liked our analysis.
We are currently long on ICXUSD.
Dates to keep an eye on for ICX:
1. Launch of ICONest webpage: May 11th.
2. ICX/ETH Decentralized exchange launch: June 30th.
Cheers!
Disclaimer: Our content is intended to be used and must be used for informational purposes only. We are not professionals. It is very important to do your own analysis before making any investment based on your own personal circumstances.
ICX TA and MoreHere i am again with a TA of ICON (ICX)
After the correction ICX created a new handle to the cup, yesterday (05/30/2018) we had confirmation of a succesfull launch of the ICO platform.
See here: medium.com
Allso we have a new date/shedule fot the Launch of ICONest webpage
- Launch of ICONest webpage: May 11th
- Design upgrades and UI/UX optimization
- Open to the public upon completion of the main net token swap on all exchanges..
Until now, allready 6 ICO's will be created and launched on the ICX platform
ICONest is a service designed to simplify creating your own DApp project.
Development of the ICONest service is complete. Blue Whale, the first DApp built on ICON, is currently utilizing ICONest for their Token Sale. While the DApp teams partnered with ICON will be the first to use the ICONest service, it will eventually be open to the public.
In my opinion ICX is very undervalued and ready to see a new ATH soon and it wil not stop there.
Comments are welcome and normally the drawings on the chart speak for itself.
I'm just starting to publish my TA's at Tradingview and planning to do these more often, if you like these? Do follow me.
Tipping Jar:
BTC: 1NWXeH6GHSEVG7wjZEMEmLvwu2KjJMau2
ICXBTC may have another bull run!Previously have a good setup and continue the opportunity for the long.
TA:
- Cup and handel is valid.
- Potential forming 3rd wave of 3rd subwave
- Obv support test
- RSI TL break
FA:
- ICX/ETH DEX launch
TP:
-Shown in chart, need more data to identify the wave( wave count is very subjective and often change depend on the move)
- 1:1 TP based on chart pattern cup and handle
- 61.8% confluence area of wave 2
Conclusion:
-high possibility to reach the first target, let's sell and take profit and stand aside to see the formation of 4th wave
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve it!
Looking for accountability partner in the trading journey and grow as professional trader
ICON (ICX) Quick bounce up looks likelyHey everyone! After a 10.91% correction from its highs, another bounce looks likely for ICON as it is once again trading around support. This trade could fall through so I recommend considering a stop loss somewhere under the support zone.
Trade Signals:
-ICX hovering around 4700 satoshi's, which has been shown to be our current support level on the 4 hour chart.
-RSI is not falling below 40, and frequently hits 70, meaning we are still in an uptrend. If the RSI drops below 30 and is unable to hit 70, it may signal the start of a short-term downtrend.
-The Stoch RSI, which identifies short-term trends, is below 0.2, indicating ICX is currently oversold.
-We are still in an altcoin cycle, and people are still very bullish. Not to mention coins are once again reaching all-time highs.
How to trade:
Buy in:
- 4600-4700 satoshi range.
Targets:
5000-5100 satoshi range, where ICX was rejected twice.
5700-6000 satoshi range, which has shown to be resistance months before.
Stop Loss (If you decide to use one to reduce risk):
-Somewhere under 4700, but I believe the chance of getting whipsawed is very high.
Thanks for viewing! If you have any thoughts, please take the time to write them down. It's how I ultimately improve my TA.
On a side note, do you believe Asia is currently doing most the selling in this market?
ICON is Breaking from the Cup and Handle Breakout Pattern!Hey, I am back with another Technical Analysis, this time taking look at ICON.
So, Yes I have seen this C up and Handle few days ago but I wasnt sure if its gonna lead to breakout due to incoming sellers and MACD giving bearish signal.
ICON is a token with a rank of 18 in the Crypto market.
Looking at the chart, there is clear Cup and Handle with breakout happening, ressistance of 4.600 was succesfully broken. Currently there is really a lot of Cup and Handle patterns in this market.
Taking look at indicators.
MACD gives clear buy signal, RSI is really high which shows high demand.
What more to say.. Buy now or regret later. By buy now I mean find a good position!
Hope I made your view on whats going on with ICON somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !
If this gets a little bit of attention, I will update!