ICON / Bitcoin
Long
Updated

ICX ICON livin'...and heading towards launchpad support level

651
Currently watching the green lower trend line to see a definitive move on Pantera Capital's biggest bag, ICON!

- if we break down, 0.0003730 level (red line) seems like a historical launchpad/buy area
- also coincides with the 0.618 fib

- if we break up, we still need to break upper trend line resistance
- 0.0005230-0.0005370 levels (possible sell area for short-term traders)





* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Note
snapshot
*UPDATE* 5/11/18
- leaning towards expecting a dump today/very soon due to "selling the news"
- Iconest webpage launch
- newly listing on Coinbit
- hodling this one and plan on accumating more here to prep for the Main Event!
- June 30- ICX/ETH DEX launch! LFG
Note
*UPDATE*
- Almost forgot...Icon's first ico, Bluewhale (great project) starts token sales 5/24 and only accepting ICX and ETH
- May 24 ----->Launchpad--->June 30---> Uranus
Note
*UPDATE*
-looks like we saw a nice bounce off the 0.5 fib
-now looking to test the top trend line for the 4th time for possible break out
- looking for higher lows on the daily RSI for bullish reversal signal

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.