ICXBTC trade ideas
$ICX, Retraced back .618 fib and bounced back to ~4k sats level $ICX
Retraced back .618 fib and bounced back to ~4k sats level
I remain skeptical since its coming down from a 300%+ run up..
Currently trying to see if it manages to reclaim & hodl this level for continuation as a potential new entry OR dead cat bounce.
wait for it.
#ICX
Icon ICX leaving its downtrend? (hourly log chart)WHY mention ICX now? --> Exiting the 2 weeks of downwards channel ... might mean a new upwards trend.
* LIGHTBLUE broken out of down channel top
Alternatively it could first go sideways for a while, e.g. between 3700 and 4000 (zoom in on 15 minutes chart).
Or (which I don't believe but it's possible) breaking out of the channel FAILS ... then it could fall, but probably not further down than approx 3400:
* PURPLE trend line was the FIRST (i.e. last unbroken) one, of 6 accelerating trends, during its parabolic rise, early February 2020
* BLUE horizontal at 2750 was an August 2019 peak.
This Is Free MoneyICXBTC looks primed for a run. We had a perfect retrace to the .618 fib and have broken out of the falling wedge. If volume kicks in, this coin could really fly. We are looking at a minimum of 10% return on this trade. The returns below are based off of the location of the resistance levels.
10%/18%/28%/53%
ICON Retrace Might Be Over | Potential Targets Mapped (50%)I was looking for something that looks like it can move quickly... ICXBTC (ICON) is just coming out of falling wedge after a fake breakdown of support... In this type of setup, it is easy to see a bullish move follow.
Prices retraced to the 0.618 Fib. support of the last bullish wave.
The volume on the drop was always low, signaling that the bears are nowhere to be found and this is a standard/classic retrace.
Prices are now moving back above EMA10 and EMA100 while the RSI and MACD are going bullish.
These signals are telling us that ICXBTC is getting done with its retrace and is likely to move higher.
Conditions for change
The markets are always changing... Prices are always moving down and up... Right now we have bullish signals but tomorrow it can all go wrong.
So, if prices close below 0.00003250 on the daily time frame, the above signals become invalid and there can be additional drop.
If prices remain above this level (the last low), we remain bullish and expect a bounce to take place and hit the last peak or just below it.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
ICX/BTC Bullish Pennant Another 110% Potential Rally ??Since the massive Rally ICX has been correcting so far.
You can see clearly it is forming a bullish Pennant and also hovering around .5 fib level.
If yes there's an "IF" it breaks to the upside. I'll add positions on retest.
IMO upside momentum is highly likely as the Dominance is falling for the BTC and alts are getting relief. ICX is among those alts with strong fundamentals. The red dotted line is the long term Resistance.
MACD is showing Bullish signal too.
Let's wait for the breakout to enter.
#Peace
ICON - Done retracing?so after the parabolic run up we now saw a decent pullback right to the 0.618 level on the daily chart. Right now we might see a trendshift in the making but it's still too early to tell.
Further extention to the upside could be hitting the yellow box in the next days/weeks/month depending on general market environment.
ICXBTC Current Bullish Update for Long EntryICXBTC Now Looking Bullish :
ICXBTC Current Price is 3945 Satoshi.
Whats Chart Says.?
According to Chart Now Price hold above 50MA Support at 3900 Satoshi.
but Also price struggle at 4000 Satoshi Resistance Line.
so Important Thing is If Candle hold above 50MA support and Success to break upward 4000Satoshi Resistance then I can expect Bullish mode again.
Most important Thing Price also very good support hold at 0.6 Fib Retracement.
If retracement 0.6 Fib hold successfully then TA says We can see New High.
So lets see what will happen.
and trade with carefully guys.
if 0.6 fib Strong support then Ready for Again good Profit.
Support: 3900/3684 Satoshi
Resistance : 4918/5896/7835/9120 Satoshi
Resistance = Targets
keep in mind risk management also guys
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ICXBTC 300% profit ChartICX/BTC Very bullish when I posted Chart.
When I posted that time breakout confirmed and I told you buy.
After breakout confirmed it went upto 300% profit within few days.
and price went upto around 6500 Satoshi from 1500 Satoshi.
Huge profit because of Technical Analysis power.
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ICX long6 R trade at least
entry: 0.00004099 (now)
stop: 0.00003860
target: 0.00005550
i will look to manage trade, take profit, adjust stop around 0.00004500
also, not closing 100% at target. too many big pumps in the market right now to not leave some position to ride one.
UIOGD - JMJ
Travis
ICX $5 End of Year Prediction #ICX $ICX #ICONPutting into cement my final year prediction for ICX (aka Korean Ethereum).
Current Price = $0.41.
EOY2020 Price will be $5 or greater, a 1200% increase.
Throughout the bear market, ICX has flourished.
It's achievements were virtually unrecognized.
Now they have real products and a real shot at being a major player in the future of blockchain.
I am sitting on my stack, going to be worth millions of dollars.
ICX - bullish train with almost finished correction !360% percent in one bullish cycle, not bad at all. The best thing is, that this uptrend should continue very soon, because we can see very nice triangle, that indicates, that this will be last move down and then we should continue in uptrend. Target of the next bullish cycle is very high, I will specify it after I will have more data. I will buy at 3800 satoshi, with pretty thin stop loss.
ICX / BTC 4 hour BASIC AnalyzesIcon:
* Is dancing between importend EMA's good possible consilidation
* Tweezer bottomns after bearish one nice Bullish tweezer.
* Volume is dropping so consilidation is ending soon or we have some sideways action to build up new upward momentum.
* MACD bearish momentum bars show bears losing control!
* Possible falling wedge
Let's see what happen.....