ICXBTC trade ideas
ICXBTC Bankroll Wizardry idea no.6ICX retracing after recent pumps from 92XX to 1XXXX price range.
Will be layering in bids here RSI showing bullish divergence and price has formed a nice bottom and has been slowly making higher lows over time.
Fundamental are solid great R/R will be placing stop loss at 87XX satoshis
ICXBTC: Showing Oversold 1D ChartHello All,
Hope all your trades are going well.
It's all in the chart; Bullish on ICON ICXBTC
Being objective, ICX is Oversold RSI.
I'm stacking my bag full, awaiting another break down before I add more into my position.
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....
ICX/BTC Looking for fuel to take offIf we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker.
Also a good sign is that it's been making higher lows on the 4H and Daily timeframes.
Only thing that worries me right now is that green pivot level which we have fallen through and is now holding the price, so options would be:
1) aggressive entry right now and pray with your grandma that it breaks the green level
2) wait for the break of the green level and enter on a retest of it as support, this gives you better chance to win + better risk/reward ratio
Targets are red levels , around each previous local high, and stoploss for me would be below the previous low OR below the gray breaker outlined, depending on how wide I can tolerate it.
If it comes back to the breaker and starts making lower highs like that orange path, it would be a sign that it wants to break down further.
ICX/BTC - Elliot - xuanhaimmoerICX/BTC - Binance
Apply Elliot Wave Oscillator from late April 2018 to now, we can easy to find which wave we stay in. We are in wave 4 up correction in Elliot.
Wave 3 approximately 3.272 Fibonacci Extension with Wave 1.
Also Using Fibonacci Retracement we can find the target correction for Wave 4 ( the zone of Fibo 0.382 with Wave 3 and Fibo Extension with Wave 1 ) / 2368 satoshi
Using Fibonacci Extension from Wave 3 we can find the target for Wave 5 is 269 satoshi.
We return to now for analysis several indicator for momentum of uptrend in Wave 4.
Now we are in nice uptrend with numerous good points in indicator. We will wait it for break up the pattern (upper band)
Bollinger Band has been tighten with high volume showed by VPVR indicator >>> the price will break up from here
WMA14 are in breaking up WMA49 and WMA105, this is very clearly signal show bull will win
DMI 4C has lower red column >>> bear is weaker and nice up bounce will start
RSI in uptrend line
The price will come to 1760 (Fibonacci 0.236) and has down correction to 1379 (Fibonacci 0.144) before pumping to 1095 (Fibonacci 0.382). After that the price come to 191 (Fibonacci 1.618 Extension)
ICX/BTC Looking for fuel to take off.If we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker.
Also a good sign is that it's been making higher lows on the 4H and Daily timeframes.
Only thing that worries me right now is that green pivot level which we have fallen through and is now holding the price, so options would be:
1) aggressive entry right now and pray with your grandma that it breaks the green level
2) wait for the break of the green level and enter on a retest of it as support, this gives you better chance to win + better risk/reward ratio
Targets are red levels, around each previous local high, and stoploss for me would be below the previous low OR below the gray breaker outlined, depending on how wide I can tolerate it.
If it comes back to the breaker and starts making lower highs like that orange path, it would be a sign that it wants to break down further.
Original idea by Svarog