ICON (ICX) Fly or Die. Sorta maybe 25% ROINot looking particularly wonderful for good ol' "South Korean Ethereum," as we've been slowly rolling to the bottom of the hill of sadness and great losses. That said, I'm under the conclusion that we're due for another attempted bull run. Which, if concluded would be highly parabolic and profitable. Based on our somewhat loosely tested support level, we can't really go any lower unless it's the all hope is lost moment for either the market as a whole (So BTC) or the project is DOA. Subsequent pumps have been quite measly, but looking back far enough we can see that news makes Korean Ethereum go nuclear. Maybe a good buy with a rainy day fund in case of a massive bullish breakout, as serious breakouts could be in the 200-300%+ range.
Icxusd
Has ICX/USD Found Its Double Bottom? NOTE: I PULLED OUT THE CRYSTAL BALL ON THIS(I prefer to use a btc/eth pair but due to limited data i made a temporary exception)
BINANCE:ICXUSD is at its previous bottom where it seen a nice bounce last time but stayed within the downtrend channel. I have been placing buy orders within the green bar, use your own judgment on stoploss. Limited trading data on this coin but it has a very bright future considering FA. Mid term target of 15-20USD.
ICX Reversal VERY Soon - Big Profit Range BINANCE:ICXBTC BITMEX:XBTUSD
All,
I will update as I go along. Please read the chart for my indications on an ICX reversal. The chart is in 2D so this does not mean buy now. You need 1D or 12H full reversal candle conformation. Will update as it progresses. ALWAYS keep an eye on father BTC. Up or Down it can create further decay of ICX.
ICX – When will the bulls be back + short term trade opportunity1) ICX has been in a beautiful upward trend channel ever since its listing on Binance on December 19th 2017.
2) When it broke support of that channel beginning of February, it plummeted in a very nasty downward channel from an ATH at 9234 sat to 4577, practically half.
3) Ever since, it’s been in a downward triangle formation where price hits the resistance line each time – and moving around Fibonacci retracement levels in between.
4) We are now trading at 3483 sat, and have hit the light blue 78,6% Fibonacci retracement level (note that the full 78,6% retracement level still shows more downward price potential all the way down to 2409 sat.
5) But basically, for the moment, we are trading near the triangle support ànd the Fibonacci 78,6% retracement. These are still strong support levels for the time being.
6) If we look at CCI , we see clear sell and buy signals (red/green verticals) that align with the up-and downward swings since beginning of February. We are now reaching a new “buy” signal there.
7) Looking at MACD , a similar story unfolds, and again: we are reaching a “buy” signal there.
8) I believe the next move will therefore be to i) 3862 sat (First Fibonacci retracement level), and that there is some more room to ii) 4227ish or so. That is not an incredibly great return potential, but still goes from 10 to 30% in the short term.
9) After that, it will likely need one more pullback before really testing the triangle.
10) In the meantime, one can keep a close eye on the price movement from the sideline and wait for a nice (hopefully upward) break-out of this triangle.
Feel free to comment with some potential upward catalysts you deem relevant for the upcoming price movement!
PS: this is no investment / speculation / trading advice – just my 5 cents!
ICON Medium Term Potential Could Be 300% - 400%Currently, ICON is trading very close to the $3.3 support level, that is 127.2% Fibonacci retracement applied to the corrective wave after the breakout of the uptrend trendline.
Although price went below that level previously, the weekly close remains above. Throughout this month ICX/USD has already rejected that level and could repeat it once again, potentially reversing the price to the north.
The recent downtrend trendline shows that Icon failed to close above it, therefore daily break and close above the $4.2 should confirm the uptrend, that might result in a 300-400% growth in the medium term. Closest upside target is 127.2% at $15 area, while the next target is 161.8% Fibs at $20 area.
On a downside, break and close below $3.3 support should send price lower, either towards $2.3 or $1.2 level, that would make a buying opportunity even better.
ICX to soon see more gainsICX has seen strong rising support and should continue to rise again, once it reaches the tip of the arrow.
ICX/BTC BE PATIENT AND ACCUMULATEICX is a coin that is absolutely crushing it in OVERALL VOLUME. Chart is very young. I believe you will have a month to accumulate at and around these prices. However could see a parbolic jump to once accumulation is over. Promising alt coin in 2018 based off beginning of chart and volume being tremendous. Remember these types of coins pump hard get off at the top when macd turns redand reposition like TRX
ICX/ETH - Strong Support Reversal BINANCE:ICXBTC BINANCE:ICXBNB
Mainly said what I said in the video. Looks like the small downtrend was broken already and heading to correct it self upwards in the near future. Sorry I kept saying strong resistance line when I meant support line haha since there was one right above it.
ICX/ETH - Trend Reversal 1 Day ChartBINANCE:ICXETH BINANCE:ICXBTC BINANCE:ICXBNB
Easy day chart for ICX reversal.
CRUCIAL POINT TODAY FOR ICX/BTC (TREND & CHANNEL ANALYSIS)In this 40-day ICX/BTC chart, the most important thing to consider right now is (2). If this orange dotted line is broken with enough aggressiveness, it will be very hard to obtain a bullish breakout any time soon. The (3) Long Term Bullish Support has already been broken and much momentum will be needed to break past that point again and go on upwards towards the historic resistance price of .0008359. For now, we should just wait and see if there is any sideways action around .0006587. If it goes either way hard enough (as marked by the pink arrows), we'll know exactly what this altcoin will do in the near-future and when to buy. Needless to say, a lot of this action is obviously correlated to BTC's individual action and the market's action as a whole. Setting a stop-loss at this point if you've already invested in this particular asset, would be in our personal opinion, premature. We should wait a couple days before jumping to any conclusions. Be smart and do your own research.
The views expressed in this TA are an educational resource of perspective, NOT financial advice.
ICX/ETH - Possible Reversal SoonICX is heading towards a correction here shortly most likely. Keep a close eye on it. I would think buying in this low is a safe bet for now. It also has some support a little lower.
Ticker: 15 minutes (Always double check with the 4 hour then 2 hour then 1 hour then 15 min then 5 min in that order)
Chart: Fibonacci indicated we should see a reversal soon to some extent
Chart 2nd: Boll bands also suggest this
Chart 3rd: Moving averages favoring reversal soon
First Indicator Chart: Volume - we need this to go up above the EMA/SMA white line you see which may happen here shortly.
Second Indicator Chart: RSI + Built in Moving Average - This is hitting a low indicator and has MA favored
Third Indicator Chart: MACD / Double Confirming 2nd indicator also favored right now
Fourth Indicator Chart: RSI + Buy Signals + Sell Signals New Lows (this one is great this is the two huge red bars which basically anytime you see two new lows back to back it basically hints the reversal is soon since it would be atypical for it to have more than two back to back.
ICON - time to buy the DIP !!ICON is gonna be the first S.Korea Blockchain Project
will host an extensive range of dApps, including:
1) Stove -> virtual property
2) Bluewhale -> recruitment
3) TINK -> social network
4) UPPSALA -> security
5) AD4th -> advertising
6) @NucleusVision -> internet of things
7) Silkroad -> supply chain
8) Sentinel -> security.
Massive billion $ partnership
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it's a no brainer
see the chart, everythings oversold
buy now - until 0.005 ( icx/eth )
stoploss - No need
Short term target - 0.007 - 0.008
Long term target - 0.014 - 0.016
DYOR !! don't take my advise ,this is not financial advise -- RISKY !!!! could lose all your investments
ICX/BTC 400% HEALTHY MOONICX is working these FIBs like a charm, if we look at the FIBs in red on the chart we can clearly see a pattern. It reached the fantasy 4.236 FIB then retraced a bit lower than the .786 Retracement FIB. This market seems to do that, it retrace slightly LOWER than the .786 which is unusual but they've done it many times now so the unusual pattern is becoming the usual for the market. If you guys compare the red fib level (after it reached the 4.236 FIB you will CLEARLY see a very similar pattern to the current support/resistance level (0.0006671 - 0.0008479). This trend is also backed by 3 touches on the trend line (yellow bar). This is a VERY healthy chart to me.
Buy zone: 0.00075 area
First target: 0.00135 (you should exit here if you dont want to gamble and/or aren't an experienced trader)
Second target: 0.00170
Possible fantasy target: 0.00223
A bit of Fundamental Analysis as well: ICX is only available on Binance and we all know what happens to coins when they are added on big platforms like Bittrex and Poloniex.
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think im the comment!