INCNT Incent - would love to figure out where this is goingAny suggestions of where the heck this is going? I like the fundamental value of the project www.incent.com
Incent
Incent Seems to be Near the BottomRecently Incent has reached to low at $0.126, where it has rejected the 527.2% Fibonacci retracement level applied to the corrective wave after the descending channel breakout. On a daily chart, price has also rejected the lower trendline of the extended descending channel, although produced few spikes below.
But now INCNT/USD formed the resistance at $0.214, that has been rejected two consecutive times. Incent has entered the consolidation phase and its unclear how long it'll continue. But the support at $0.126 and resistance at $0.214 should be watched closely as break above or below should result in the continuation of that direction.
If INCNT will stay below the resistance and breaks the support, price might continue going lower tot est next Fib support at $0.092, On the other hand break above the resistance is likely to result in the corrective move upwards towards the 78.6% Fibs at $0.35.
Incent VS Bitcoin Ready To GoAfter finding the support at 2400 satoshis, Incent has started to consistently move up, producing higher highs and higher lows. At the same time price is rejecting the uptrend trendline, 23.6% Fibonacci retracement and currently trading above the 200 Moving Average.
Seems that it is only a matter of time for INCNT/BTC to break above the previous resistance at 4940 satoshis and produce a new high. There are two major resistance levels to watch, first is 5700 satoshis that is 161.8% Fibs of the current corrective wave down. Second target is 261.8% Fibs, that corresponds to 88.6% at 7100 satoshis. Break above the second target could result in the beginning of a stronger growth and should potentially send price much higher.
However, on a downside, break and close below 3660 satoshis support should invalidate bullish outlook and downtrend could start to dominate.
Incent 400% Growth PotentialAfter reaching an all-time high at $1.12, Incent sharply corrected down to $0.16, losing 85% to USD. However, price found the support at $0.25 as the weekly closing price remained above that level and this is the price where the triangle was previously rejected after the breakout.
Currently, INCNT/USD is trading around $0.25 support, that could prove to be a good entry point for investors. The growth potential for Incent remains as high as 400% in the medium term, as the upside target is seen at $1.23, where double Fibonacci formed a strong resistance.
On the downside, the support area remains between $0.25 and $0.125 and Incent could get lower once again, but only break and close below $0.08 could invalidate bullish outlook.
AccumulationFUNDAMENTAL UPDATE FROM CEO INCENT
As you can see from the attached chart, INCNT has become de-correlated from the majority of other cryptos since early Feb 18, when we launched our Chrome extension pilot. The primary reason for this is that we have been accumulating INCNT from the secondary market to support the pilot, which is already being used daily by thousands to earn INCNT. Later this month we'll be launching an online marketplace which rewards consumers with INCNT for shopping with major brands and stores online. Direct 'Bricks and Clicks' merchant integration is scheduled for Jun 18 and we'll be 'Enterprise Ready' by Oct 18. Each step on this path will, by definition, augment commercial demand for INCNT - as we embed token economics in mainstream commerce.
While I clearly have vested interest in the success of the Incent project, I have no interest in pumping INCNT as this would simply increase the cost to us to buy it off the secondary market to support our commercial products, merchants and users. BUT if you consider general updates useful in this forum, I will continue to post them. Let me know...
Incent Approaching Key ResistanceSince Incent reached the bottom at $1.6 price has been rising consistently and already went up by 110%, while currently trading at $0.34. During the rise, INCNT/USD formed Head And Shoulders pattern and broke above the neckline trendline, followed by the break above the 200 Moving Average.
Clearly, the short-term trend is upwards and Incent is yet to test the key resistance at $0.38. This is the 23.6% Fibonacci retracement level applied through the all-time high. When/if it will be reached the Head and Shoulders pattern will be completed.
The most important will be the reaction of the market after the target is reached. Break above should confirm the long-term growth while rejection could result in a corrective move down.
Incent VS Bitcoin Buying OpportunitySince January the 1st Incent has been correcting downwards for the all-time high at 7.7k satoshi, down to the 2.6k satoshi, losing 65% to the Bitcoin. From 2.6k price went up to the 3.4k satoshi resistance while forming a bullish divergence on the RSI oscillator.
Currently, there seems to be a buying opportunity, but the 3.4k satoshi resistance must be broken. This resistance level is inline with the inverted head and shoulders neckline trendline. On the breakout, the H and S pattern should be completed by sending price back to the 5.4k satoshi resistance, that previously was rejected several times.
Break above the resistance should establish a longer-term uptrend sending price much higher. On a downside, the support in at 2.4k satoshi and only break and close below could invalidate bullish outlook.
Incent VS Bitcoin BreakoutIncent found the bottom at 1000 satoshi on the 12th of October and since then, the price has been ranging between 1000 and 4000 satoshi for nearly 3 months. But on the 1st of January INCNT/BTC broke above the downtrend trendline and the 200 Moving Average which was the first sign of a potential trend reversal or a corrective move up.
Price reached 7.7k satoshi high and corrected back. What is interesting is that corrective wave was stopped at the 200 Moving Average which is now acting as a support, that has been rejected. Incent also rejected the 4/1 Gann Fan trendline and nearly tested the downtrend trendline. It seems that it is a very strong support that has been respected by the market and from this point onwards Incent could gontinue going higher.
First target is seen at 12.5k satoshi, that corresponds to two Fibonacci retracement elvels. First is 64.8% Fibs applied through the all-time high. Secon is 227.2% Fibs applied to the last corrective wave down where 3.7k satoshi support was rejected. Only daily break and close below the 3.7k sats support could invalidate bullish outlook.
INCNT at elliot 2?This (as many alts) seems to have started a new market cycle.
Looking to sell in older resistance areas.
It seems similar to TRX
P.S. This will not be a signal for the Telegram channel.
Incent Can Offer You IncentiveIncent has been ranging for an extended period of time although recently it has shown good performance while rising from $0.05 up to $1. Price established an all-time new high and it seems that the upside momentum is just getting stronger.
INCNT/USD broke above the 227.2% Fibonacci resistance and continues to trade above the 200 Moving Average. With the higher highs and higher lows being printed, the price is expected to rise up to one of the Fibonacci resistance levels, with the final target being at $3.48. Only break and close below the 200 MA could invalidate bullish outlook.
INCENT (INCNT) - Long: 650% potential Hi everyone,
I believe Incent (INCNT) might be setting up for a rocket-run. The market cap has rapidly increased over the past few days, but its still relatively very low. The current total supply is 46,016,602 INCNT, with a market cap of $34.534.263 USD. So there is a lot of room left to grow.
Technically:
INCNT has broken out of a support-range which held strong for about 120 days. The price has now broken this major resistance and found support above the last resistance. Which is also the 200-EMA. Price has also pushed through the Bigass descending trendline. I think prices are accumulating right now, preparing the launch to planet God.
I think the first wave up is done and the market is in the second corrective wave, preparing for a big impulsive move to the upside. The RSI is a bit overbought, but I don’t think it even matters.
Fundamentally:
The team is releasing a beta (or whatever it is) of their product on the 26th of January, it might trigger some Australians to invest some kangaroos and crocodiles in this project, resulting in some $$ flowing in.
‘We have taken the decision to target 26 Jan 18 (Australia Day) for the launch of our first pilot product which will be a Chrome extension that when active, rewards Australian consumers with Incent.’
You only buy when there is a H4-close above the green trendline:
Targets:
1) 0.00022860 satoshi (1.618-extension)
2) 0.00036415 satoshi (2.618-extension)
Watch out for a break below the 200-EMA.
Ps. Patience is key.
Adioooooooos!
Incent (INCNT) New Entry - 2nd Chance (850%+ Earnings Potential)Incent (INCNT), I’ve already shared this coin in the past, but there is new news and some developments that will make this coin a successful, long term, stable, safe and profitable coin to trade.
I received some news about INCNT, here it is:
"Incent (INCNT) now trading at low prices and have partnerships brewing with Amazon, eBay and AliExpress, their platform goes Live in Feb, 46m supply 50% of which will be locked up… trading now at 3800 satoshis, a bargain price…"
Note: Please allow this trade time to develop. Please allow several weeks at least for this coin to grow.
Instructions
Buy-in: 0.00003300 – 0.00005200
Stop-loss: 0.00002375
Targets:
(1) 0.0005920
(2) 0.0007460
(3) 0.0009590
(4) 0.00011060
(5) 0.0013840
(6) 0.0017320
(7) 0.0029880 (New all time high)
Indicators
–EMA above price.
– Touched rock bottom.
– Strong breakout.
– MACD , RSI & STOCH , all the most famous showing bullish signals.
– TD count allows for growth.
Message
This time around, I will make the right call.
I’ve learned to wait, now its time to let go.
I can relax, while I wait for my trade.
To complete all the targets, that I set the first day.
So instead of looking at the screen, and thinking of staying calm.
I will go to the park, and enjoy all day long.
Play safe and stay strong.
Because you are a Divine Being.
An Eternal living SOUL.
Namaste.
Incent (INCNT) Buy Opportunity (850%+ Earnings Potential)Incent (INCNT)
Here comes another coin that meets our criteria for a secure trade, that is good for beginners and all traders... and of course, with AMAZING potential.
Follow these guidelines and suggestions for your trade:
Buy-in: 1700 - 2100
Stop-loss: 1249
Targets:
(*) 2200 (not to sell, first resistance)
(1) 3040
(2) 4140
(3) 5920
(4) 7460
(5) 9590
(6)11060
(7)13840
(8)17320
(9) ATH
Indicators used:
- EMA above price.
- Touched rock bottom.
- Strong breakout.
- MACD, RSI & STOCH, all the most famous showing bullish signals.
- TD count allows for growth.
This time around, I will make the right call.
I've learned to wait, now its time to let go.
I can relax, while I wait for my trade.
To complete all the targets, that I set the first day.
So instead of looking at the screen, and thinking of staying calm.
I will go to the park, and enjoy all day long.
Play safe and stay strong.
Because you are a Divine Being.
An Eternal living SOUL.
Namaste.
Trade active: 0.00017853
(Thanks to the chat users that always come with the suggestions).
