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Icxusdt

A little more downside for ICXAfter bouncing off the demand zone, ICX continues to find resistance near the 1100 area. The slow-moving EMA as well is proving to be tough resistance and seeing that we have broken down from this supply zone, we can expect a retest of the support area below and possibly get back down to the FIB level/trendline before resuming its move higher. ICX overall does look really good after carving out a couple month bottom so the upside potential is there but yet again we need to keep an eye on Bitcoin. Thanks guys
Long
by CM_Trades
ICX watching daily and 4 hour tightening range/inside barswww.tradingview.com ICX is getting tighter on the daily and the 4hr timeframe and for the last 3 days has been trapped inside the wide ranging mother bar candle from October 18th. You can see the range tightening: October 18th Mother Bar candle: .6811 to .75 October 19th .6934 to .7228 October 20th .6974 to .7170 Today....so far as of 727 UTC the range is .7079 to.7188. RSI on the daily is 54 which is neutral to moderate bullish 7 Period EMA has crossed over the 25 period EMA on the daily which means the path of least resistance is tentatively to the upside. On the 4 hr the volume seems flat and slightly decreasing and the two EMAS are approaching each other but running parallel and for the last 8 hours we've been closing above both. I expect this very tight range to break sometime today, and given that BTC is still in a downtrend I give the bears the upper hand but willing to be surprised. Should we break bullish I expect an attempt to get back to the .77 range. Should we break bearish we are looking at .6053 and the double bottom at .5805. Volume has been increasing but the day is young and as we know, BTC's movement undeniably sets the trend for the majority of the crypto markets so ANYTHING could happen, including a bear break of the inside bars we are looking at so trade carefully, use stop losses and take profit on the way up. Once again I am not an expert, I'm just a random dude on Trading View that's still learning so take what I say with a grain of salt and protect your capital. Thanks for checking in. -CryptoHound9
by CryptoHound9
$ICX / $USDT Looking to Complete 5th Wave?I will not predict price points as too many aspects can play within a market; but I will use Fib Retracement & Extension levels for targeting potential ranges. Consequently, I am more of an "in the moment" type of trader that focuses upon trend direction via Elliot Wave, while using other aspects to help identify and react to trade decisions. I tend to focus on shorter term alt coin positions, to focus on my end goal of earning as much Bitcoin as possible. BTC STATUS --> looks to have a bit of room up still. Today with CBE and exchange issues could raise issues. Keeping a close eye as this is my only position at this time. - Looks like .7800s could be bottom of Wave 4 - Reaching Fib 1 Extension would be a 49% Profit - Wave 1 Length for Wave 5 would put us around .786 area at $1.13 - Stop Loss currently set at .78 with a few alerts set in-between my long position at .82s - I'm trading in $USDT as I am not convinced that $BTC will maintain a longer-term upwards trend YET. - Wave 5 price point is not a prediction... just outside focal point of chart and will adjust as things play out.
Long
by RetireByBitcoin
ICON - HEADING TOWARDS DEATH! WHEN WILL THE MASSACRE END? ICX has been in the continuous long term downtrend since April end and the price has depreciated by 78%. It has been moving inside the falling wedge with a good slant slope which means a great selling pressure. The price has been continuously getting rejected from the basis line of the Bollinger bands.(See the circles marked with Pink colour) Now the price is at the lower boundary of the wedge from where it should try to move towards the basis line of the Bollinger bands or atleast till the upper boundary of the wedge. The last zone of support has been marked. If it falls below it, then i'll consider this coin as dead. Alternatively, there is a lot of upside potential left to be explored. A zoomed out view: This can be a good trade if the positions are opened after some signs of reversal and not to early. There is a lot less downside left for stop loss with a huge amount of upside potential. Tight stops can be used for this trade. I'll keep updating this, as and when required. P.S: This is not an investment advice. This is my personal journal. Invest your capital at your own risk. Keep an eye out. Trade safely. Always remember, money not lost is also a profit. Good luck trading.! Peace.
by johntradingwick
7
ICXBTC: BOTZ Sell Off - Protect Your Capital & Wait ConfirmationHI All, Hope all your trades are going well. Focus on The King: BTC Trend: before you decide on whether to Trade or not. Please don't trade on leverage. We have too many bearish factors which could potentially hinder any rallies. Also there are zero correlations to any negative news factor nor Catalyst Wish could've initiated this sell off, hence - BOTZ. If you are looking to HODL ICXBTC then go ahead. However if you are looking to trade, please stay on the sideline and wait for confirmation before entering ICXBTC trade. 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... ICXBTC 1D Inverse chart: This is not the time to be trading, because there are just too many unknowns. BTC Chart 1D: BTC Inverse Chart 1D:
by letsgetit
ICONic Divergence for ICX in RSI MACD StochIm playing an RSI divergence trade which has been working really well lately. For more on this RSI strategy, please see the related link below... RSI and crypto trading. Entry at 1.63 Stop at 1.41 Target at 2.16 OR whichever happens first, the price when RSI reaches 60, OR the 100 MA. If target approaches, and I can catch it, I will move stop trail it instead of exiting exactly at 2.16. While I know the risk, the target can fluctuate on these counter trend RSI trades. This trade, if correct, will net about 2.4R questions or comments, let me know. likes are appreciated. Travis JMJ - UIOGD
BINANCE:ICXUSDLong
by Procinctu
2