ICON (ICX) Ready 4 Breakout (50% Profits Potential)
Updated
ICON (ICX) is getting ready to breakout. This is a very strong altcoin available for trading on Binance. Really good volume.
Let's take a closer look and position ourselves for a nice, very low risk and high reward trade.
ICON (ICX) Trade by Alan Masters
CHARTS, SIGNALS & INDICATORS
- You can see the triangular pattern on the chart above. ICON is getting ready to move after a 6 months long retrace.
- We have a double bottom on the RSI and bullish divergence on the MACD.
- Weekly closes today, but reversal candle has formed.
- Plenty of room available for growth up in the weeks to come.
TRADE INSTRUCTIONS
Buy in: 0.000282 - 0.000322
ICON (ICX) Targets by Alan Masters:
(1) 0.000378
(2) 0.000432
(3) 0.000475
Note: Use targets as reference only to sell for profits. Not all targets are meant to be reached. Make sure to sell small portions of your holdings each time you reach a target and only leave behind 20% for the higher targets. Here you can learn more: Selling the targets - The Basics.
Stop loss: 0.000210
UPCOMING EVENTS
- 30 June 2018 - ICX / ETH DEX Launch. ICX/ETH Decentralized exchange.
Low risk, high reward...
This is exactly what we need and what we want.
Namaste.
Let's take a closer look and position ourselves for a nice, very low risk and high reward trade.
ICON (ICX) Trade by Alan Masters
CHARTS, SIGNALS & INDICATORS
- You can see the triangular pattern on the chart above. ICON is getting ready to move after a 6 months long retrace.
- We have a double bottom on the RSI and bullish divergence on the MACD.
- Weekly closes today, but reversal candle has formed.
- Plenty of room available for growth up in the weeks to come.
TRADE INSTRUCTIONS
Buy in: 0.000282 - 0.000322
ICON (ICX) Targets by Alan Masters:
(1) 0.000378
(2) 0.000432
(3) 0.000475
Note: Use targets as reference only to sell for profits. Not all targets are meant to be reached. Make sure to sell small portions of your holdings each time you reach a target and only leave behind 20% for the higher targets. Here you can learn more: Selling the targets - The Basics.
Stop loss: 0.000210
UPCOMING EVENTS
- 30 June 2018 - ICX / ETH DEX Launch. ICX/ETH Decentralized exchange.
Low risk, high reward...
This is exactly what we need and what we want.
Namaste.
Note
If you want to do very, very low risk, you can try 0.000280 as your stop loss.Trade active
We are getting closer to the breakout point. Will we move up or down?I am seeing bullish divergence on the MACD both on the 4h and 1d time frames.
We are trading above some small resistance on the 4h time frame as well.
Here is a quick chart for your entertainment:
Note
Looks like support has been found, if it holds, we are ready to make the next move: 
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.