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Icxbtclong

ICXBTC: What do you think all?Hi All, Icon ICX Analysis: Using a Swing Trader Mentality. Uptrend to 0.0002326 or Downtrend to 0.0001800... 60/40 split: Reversal to Target#1 0.0002336 & Target#2 0.0002790 ICXBTC has broken its Solid Support @ 0.0002056, Freefall to ICXBTC : DownTrend... Traders are risk managers and should preserve our capital... I'm a firm believer in the ICXBTC project and these are great entry prices... This is not Financial advice... Always have a checklist before entering any trade: Long or Short... 1. The Trade setup 2. The Entry 3. Initial Stop Loss 4. Exit and Trailing Stop 5. Capital size willing to risk No Objectivity or Emotions when trading... There are only three trend which could occur within any market... Individual Traders focus too much on trend-line... Instead of the overall trend in conjunction with the market sentiment... What I look for before entering any trade: Uptrend: Higher highs and Higher lows Downtrend: Lower highs and lower lows No Trend: Horizontal or sideway pattern Keep in Mind when trading: Not to be greedy: Use Trailing Stop Loss... 3-5 Bar Declines: it's an indicator to - Buy 3-5 Bar Increase: it's an indicator to - Sell Don't forget why you got into the crypto sphere... Only Buy Pull Backs in projects you believe in for the next 5yrs: Long... Majority of investors are going to sell when they break even: Short... I firmly believe ICXBTC will make higher high on it's all time high... Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me and like this post if it was helpful, and thank you all... Like the Phoenix we will rise from the ashes... Happy trading People...
Long
by letsgetit
6
$ICX #ICON - DOUBLE BOTTOM - rise high or fall deepHello Lads and Ladies, for todays first TA we are looking into ICXBTC - one of the most traded coins on Binance. Looking at the chart we see that we are coming to the very end of a long downtrend since February marked as the blue dotted line. This has been confirmed multiple times. ICXBTC tried to break the downtrend but failed to do so many times. Moreover, we have two more important lines of support when looking at the chart. The red horizontal line and the ascending blue line. Recently we have seen ICXBTC taking off from the blue support line, failing to beak the resistance and then once again coming back to the blue support line, doing so it seems to have formed a double bottom, which is a bullish signal and might test the downtrend resistance once again. Here comes the interesting part. Breaking this downtrend would mean a pretty huge push for ICXBTC which then would find its first target at the 61.8% or even 50% trend line. ANYHOW, does it fail to break this very strong downtrend, we will very likely see the red horizontal support as the next stop for ICXBTC. From there on, it will have to decide pretty quick what to do and preferably break the downtrend exactly where it crosses the ascending support. Should that not be the case we will continue the downtrend. I personally, do not believe in that bearish scenario and see ICXBTC breaking the downtrend very soon. Nevertheless, the whole market has to at least hold on the same level that this happens, otherwise it will go down again and here you already know to which point. Like and Follow me and you will find this page interesting because I am a TA expert and day trader that does daily updates and new posts about the hottest and most discussed coins. Fell free to request TA for ANY coin you are interested in!!! Cheers, Tomas
Long
by KongTrading
$ICX-BTC | Is this the bottom?My Assumptions: 1. Bitcoin doesn't do any crazy moves. 2. People expected way more growth for the consensus week, since ICON has been one of the major sponsors. These short term speculators may have left the market in huge dumps during and after Consensus2018. 3. The joint venture with Line is big. But the impact wasn't as big because of Nr. 2. 4. Launch of ICONest, their ICO plattform, didn't have a bigger influence on the price, since the ICON team (or "exchanges", I don't care) still didn't manage to complete the token swap. My Predictions : We still have a long way to go up, as long as the team delivers and reaches milestones. I think a lot of people saw the cup and handle pattern. At first I thought the top line is at around 46500 Satoshis and the breakout would work out a lot stronger. But meanwhile, I know the cup and handle was actually a little smaller with the top line at around 42000 satoshis. The purple lines belong to this pattern. As you can see the depth of the cup fits perfectly to the recent high of around 52500 satoshis. So the breakout around April 24th should be ignored. Using this purple trendline, I can see a descending triangle with the purple line as bottom line. The dip below (on May 11) can be ignored for this pattern, since it corrected back up very quick and big time. The fib levels seem to be important supports and resistances as well. If we see a break above the yellow line (drawn on the daily in log scale) I expect a break above the 0.236 fib level as well, which should add some additional fuel to the rocket. ;-) My Target is a break back above the white trendline. I guess ICX is going to come back to follow this trend line, and maybe starting to form a nice ascending triangle with 52500 or 55000 as upper line. And then we will see! :-) Possible Trades: Buy zone: 42000-44000 satoshis Target 1: ~10-15% profit Target 2: ~20-30% profit What do you guys think about this idea? Sources : Consensus Sponsors 2018: www.coindesk.com Launch of ICONest: medium.com ICX Token Swap Status: medium.com Partnership with Line: medium.com None of this is financial advice, of cause. I am just drawing fancy looking lines on my screen.
Long
by GoldCryptoKnight
8
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
Long
by Dmoootje
7
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
by Dmoootje
ICX/BTX Daily chart looking good to go long.ICX/BTC has been in a heavy downtrend since January 30th. We have seen a selloff to almost the 0.718 Fibonacci retracement level when calculated from the overall first impulse wave up. We recently broke out of the downtrend on the daily chart with high volume and looks to be forming a cup and handle pattern. The right side of the handle has at the time of writing, come down to an ideal level in the upper third of the cup structure. If it drops below 3864 sats with conviction I that would be something to keep an eye on as a possible failed pattern formation. Other indicators such as the exponential moving averages show that we are going to be seeing a uptrend for the medium to long term. The 55 day moving average has nearly crossed below the 21,13 and 9 day EMA's. The RSI on the daily is showing bullish divergence and the MACD has crossed over on the negative side after being there for a while. The 12 and 26 day moving averages on the MACD are starting to fan out and moving to the positive side of the histogram which is a nice bullish indicator. This technical analysis combined with Icon's upcoming ICO platform release, staking news, token swap and other potential partnerships and news over the coming months shows that ICX/BTC has the potential for a nice bullish run. Any advice or comments would be appreciated :)
Long
by broimjoe
6
ICON Trading Opportunity ICON showing signs of strength again after 36% correction from Bitthumb pump Signals: ICX having a hard time breaking through 3375 resistance, which is the 0.382 fib level RSI: Very strong. In crypto we know the RSI is very accurate at predicting short term price drops, and this one is approaching the overbought zone on the 4 hour. However, a very strong RSI can also be a good thing if volume can match. Bitcoin dominance on a decline again, we can safely assume alt season is likely here How to trade: Safe: Buy in at 3400 sat level after convincing volume allowing it to fully break out of the 0.236 resistance Sell points: 0.618 fib level, where previous resistance was Risky: Buy in at 3400 sat level after convincing breakout. Sell points: 4115 sat level If you don't agree, please leave the reason in the comments. I will read and consider all your comments and use them in my next TA's.
Long
by HD1184K
ICX long - upwards channelSome potential with the new upwards trending channel, which broke out from the descending channel after the 47k sat high. Buy the bottom of this channel, sell the top (or around 31500-32000 depending on the order book) and rebuy the bottom for accumulation. Stop loss around 28400 sats or if the channel breaks decisively. An upwards breakout from the channel might lead to price movements to 34-37k sats or higher. Still in an overall downtrend from the January ATH as identified by MagicPoopCannon, would need to get to 45k or so to break out. In terms of fundamental analysis, ICX missed their Q1 goals of a mobile wallet and token swap, so we can assume those are probably coming this month, and will certainly cause a pump.
Long
by ThulsaDoom
ICX Forecast. First Chart and Publish, LT HODLHello. I think ICX is rebounding right now. I watched my friend literally buy the dip, golden cross. Its exciting! ICX is such a good platform, has such good developers, and partnerships. Great product. Good investment. 3-4x from now until previous ATH? Yes, Please. This is my attempt at drawing some trend lines, support lines, drawing a channel for ICX next "cycle", in which we can count elliot waves, and I decided to draw some rough diagonal lines from our beginning last year through common support or trend lines. I can see our bottom on this cycle has moved up, so hopefully our top will move up on this next bull run too. I put a green box on top to emphasis where a lot of past price action was at so that people can take profits at their targets in that range, or wherever they see fit. I am bullish on ICX, and I think that it is a great investment in technology of the future. I really like watching ICX on 4h because it is a younger chart and I am thinking long term. If we zoom out to the 1d, 1w, 1m intervals I think this chart shows ICX straight up moon shotting, hehehe. Cheers y'all. Happy investing. This isn't financial advice, just my first chart attempt to see what people think. I would love to hear your feedback, positive or negative. Can we draw a fibonacci chart on top of this, and would it meet up with the green diagonal lines that I made? I enjoy using MACD and RSI as indicators. Also, a bit of bollinger bands. What are your favorite indicators, and why? How do you draw fibonacci these charts?
Long
by johnjdailey
2