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ICON / Bitcoin

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ICXBTC trade ideas

Potentially the Bottom for ICXIcon team are working hard on the project and with many good news coming this month and onward's, like the upcoming staking and P-reps election, many will want to stake their ICX stack which would drive the price upwards. I strongly believe ICX/BTC pair has finally bottomed out and will start up-trending. Levels to watch are the ones highlighted in the chart, we might not break 1200-1350 at first, or who knows that might be the top and ICX will go back to down trending and reach new lows. Setup: Buy 190-210 Stop loss 185 Profit target 1# 500-550 2# 650-750 3# 1250-1350 Of course this is just my opinion and observations, please be careful and do your own research when buying any Alt coin.
Long
by tgrunner87
3
ICX first reversal signBreaking slowly out of downtrend is ICX first reversal sign, possible bullish reversal soon if the RSI and MACD resistance can break. Wide spread target between 400 sat ( previous support) and could even wick to 550 sat ( launch price when added to binance ) and this in the very short term, long term i'm more optimistic and staking in august is allmost there. ICX is now consolidating for the second time in a all time low and i believe it is almost done. This is not financial advice, just my opinion. Good luck
Long
by Dmoootje
1
ICX Setup (ICXBTC)Looking to enter ICXBTC here in 0.0000266~0.0000272 range. Over the past few days we've broken out of the downtrend and successfully back-tested. Closed above the valley at 0.0000271 and now forming uptrend. This ones a big of a slow mover lately so might take a few days to climb but looks pretty low risk and potential for breakout soon as we've been stuck in 250~300 range for over a month. Laddering up from 0.0000261, setting stops below here. Also on the FA side there is staking coming up in August so this could be in for a quick pump if Binance announces support. (see $KMD, $XLM over the past few weeks) Entry: 0.0000266~0.0000272 Targets: 0.0000288 0.0000339 0.0000404
Long
by TraderoftheCorn