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ICON / Bitcoin

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ICXBTC trade ideas

ICX should go up soon?I'd say so by the look of that falling wedge, right? This could be the kind of pattern that drags on for a while, nullifying both lines over and over until it finally completes and breaks out, but it also can start going up real soon, as we are reaching the apex of this current pattern.. It probably depends on the entire alt market- if BTC turns over and starts correcting soon I would think it more than likely for ICX (and many other altcoins) to break out of this bullish pattern for some upside bull action for a while, and ICX specifically looks like it will probably give good returns from the current price, at probably around at least 2x (100%) or 3x (200%) of its bitcoin value by the end of its short term run.
Long
by jambalulu
1
ICX/BTC - Longterm (altseason) plan - 4503% Potential at ATHIcon BTC My plan for the upcoming alt cycle, starting with Icon ( ICX ). Well known for its solid fundamentals, high chances this project will be among the high gainers if/when the next altcoin cycle starts. Currently, we're able to draw a high timeframe falling wedge, and after almost a 98% drawdown a relatively cheap project to pick up. Aiming for an entry at 574 satoshi's, as indicated on the chart, as this is the lowest point in history which ADA has seen. Profit target 1: 553 (176%) Profit target 2: 1959 (979%) Profit target 3: 5168 (2584%) Profit target 4: 9007 (4503%) Stop loss: Riding this one out without a stop loss, this will be a longterm plan. For those who feel like having a stop loss on your investments, I can recommend anything under 100 satoshi's (the lowest point of the wedge ). Don't get faked out! Best of luck, may the target entry and profit targets get hit, in that order.
Long
by thenoobgame
3