ICXBTC fighting MA / Falling wedge - Bullish action?ICXBTC is broken out of falling wedge. The possible gain is shown in the chart. Maybe we get a pullback at this stage, but we have to find out. This could give us the confirmation of the first wave of the new set of impulsive waves. Interesting trade!
Icxusdt
ICX (ICON) going for last wave - update (2)At this time we see a corrective wave with ICXBTC (ABC). With a textbook pattern for wave 2. It seems that there is a third wave starting now. It's projection would give us point C. However in a bullish market we could see a flat pattern. Both points are also supports, which makes this forecast plausible. Let's see how this will work out.
ICX AnalysisPeople who bought ICX on the first week of August, enjoy your 30.66% PROFIT that you made in less than a week!
There's also green cloud present as a buy signal.
As of now, if you are holding ICX, fo not hurry to sell since there are no sell signals present. If you want, you can take profit at the resistance level (0.65) or you can wait for EngineeringRobo's sell signals to sell.
Also, if you want to buy ICX, since the risk&reward ratio is lower than 2, I don't recommend you to buy right now. You can buy when the candle open-close above the resistance level (0.65) for 1D.
After you buy, watch out for EngineeringRobo's sell signals to not lose your profit or your money.
ICXUSDT ANALYSISI have 4 positive signals and ı am bullish at the moment .
It is above the up trend line and support line so that you can join this train
You can sell at the resistance line ($ 0,6542) estimated min. %20 profit
Have a good trade. If you still didn't use the EngineeringRobo please dm me.
ICX/BTC (Strong Recovery?)ICX/BTC
-ICON just had a 50% recovery from the low at 3160 area
-The price is now back at previous high
-Currently testing resistance
-If there will be strong recovery/uptrend continuation
-The green support area or 4400 range must hold
-Next key resistance is 6495 sat
-I do not recommend to buy at current market price
-Let's wait if ICON can hold important level next week
Nice opportunity for ICX this month !!After correction from 0.78 fibo to 0.38, ICX is now retracing, if we breakout the triangle from above (red downtrend and 0.78 fibo level), we will see new highs soon ...
That's what we are expecting now for ICXBTC in upcoming days due to amazing upcoming news for this pair by the end of the month ...
Breaking out 0.78 level (4707 sat) will lead us to next levels, and as we are now on the bottom of a new uptrend channel, we can easily see ICXBTC :
Target 1: 5601
Target 2: 6738
Target 3: 7198
Target 4: 8184
ICXUSDT AnalysisI am mostly positive about ICX. There was a moon signal on July 4th. In addition, the MA 20 (blue line) is above the MA 50 (yellow line), indicating that it is time to buy it. Engineering Robo Cloud is also green, indicating a time to buy. The candles are continuing to move above the upward trend line. I can buy now, and if the candles continue to move above the upward trend line, and then break the 0.6575 resistance line with an open-close candle above it, then I can sell it at a more than 50% profit. If, however, the candles move down and pass the 0.3720 support level below it, I can sell it.
$ICX : Korean Etherum with great FAICX in a new accumulation range after a first move.
Check supports & resistances
In USD drawing an asending triangle with 0.42 - 0.44 USD before high move
ICX got great fundamentals (Using information from Markus - ICX Team)
- The only Korean blockchain company to receive the Ministry of Science & ICT
- ICON’s breakthrough LFT 2 algorithm was praised by an audit from a top Korean research university
- ICONLOOP’s MyID (DID Blockchain solution) is the only DID solution that’s been approved by Korea’s FSC (SEC equivalent) and currently in use by 70+ entities including Korea’s 4 largest banks and the likes of Samsung Electronics- MyID is one of the strongest potential contenders to replace Korea’s Accredited Certification.
ICXUSDT ANALYSISBased on my analysis, now is not a good time to buy ICX because the candles are between the support line(0.2880) and the resistance line(0.44). Therefore,
If you wanna buy, you should wait,
a) the candles go down at the support line(0.2880), or
b) the candles pass the resistance line(0.44).
However, you have ICX,
you should wait at the resistance line to sell it. Also, you may get help from EngineeringRobo's signals.
ICX/BTC (Testing Key Support @ 200D MA)ICX/BTC
-After a fail breakout, the price is back to the 200D MA support
-The 200ma is confluence of previous Higher Low at 3100 range
-Can we expect a good bounce from this area?
-Well, if only BTC will move sideways and Dominance chart for the next 5 days
-Then, it is likely to see ICX bounce up to 4000 sat area
-Bearish scenario, close below the green area will send the price down to 2700 region
ICX/BTC (Bullish Weekly Chart?)ICX/BTC
-just broke above the weekly body resistance
-it may retest the new support zone at 4300 range
-the market is bullish as the price is trading above 50W MA
-new series of Higher Lows on the weekly timeframe
-the ascending trendline will give us a guide of this uptrend
-for the long term, targets are up to 5900-9000 sat range
-as long as the btc.dominance will remain bearish
-the Altcoins has the chance to move higher in the coming weeks
ICX Looking BuuuuuuuuuuuuuuuuuullishICX broke the monthly resistance and successfully bounced off the resistance and turned it into support.
ICX is looking bullish and is possible to hit the yellow targets in the coming days/weeks.
Hodl Hodl Hodl
And hope BTC.D won't rekt us.
Have fun
Please like and follow!
Thanks
ICX buying areas Hello Traders,
ICX is correcting after a strong bullish movement, but where to buy? It would be an excellent opportunity to buy if it does back to test the demand area. That was former resistance zones that are support now levels, So we must buy on support regions.
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Icon (ICX) - July 7Hello?
Dear Traders, Nice to meet you.
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By "following" you can always get new information quickly.
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It is necessary to check if it can rise above the 0.37715000 point around July 9.
I think the point that has a significant significance in the low section is 0.37715000.
If you can sideways a lot of time with support at the 0.37715000 point, a lot of upside is expected in the future.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section