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ICON

ICON (ICXBTC) Touches Strong Support - Prepares To Move UP!I am seeing many signals that point to a breakout for ICON (ICXBTC), which can be traded on Binance. Let's take a quick look at those: ICXBTC has now broken free of a long downtrend. Price hit Dec '17 low followed by a strong increase in trading volume. An increase in trading volume is indicative of an upcoming breakout. Price is now trading above EMA10. Bullish divergence on the MACD and RSI. These are enough signals... ICXBTC is about to move up. Note: A break of the 0.0000561 support level would invalidate the above signals. The first strong resistance will be found at 0.0000716 or 0.0000868 (MA99) if it breaks-up with good momentum. Weekly chart: Thanks a lot for reading. Please hit like for more free analysis that can help you make better decisions when you trade. Namaste.
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by AlanSantana
6
ICX BTC BUY MOMENTUM ICX against BTC situated into triangle which probably will be break up IF BTC dosen t go below 5730$. In this chart we can see the STOCH it s very oversolded =6.65 RSI also oversolded 26 If we can zoom a little bit at MACD we will see a bear cross which will confirm us the bearish price action but also selling volume are increasing.In my opinion today is the best moment to BUY CBOE futures will be expire today after the market will be bullish untill 30 november(alts) EMA CROSS in every timeframe we will help us to go up Check also their twitter because they will fix this communication problem between company and investors and also will release the yellow paper which contains STAKING MIDTERM
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by CryptoRomaniaTD
3
ICXUSDT Bounce from the lower edge and the local supportAt the 3-hours timeframe chart we can see a nice short term trade opportunity. The price of ICX hit the bottom BB channel edge as well as the bottom edge of the triangle. As the volume grew and the price bounced we can conclude that the support level holds. It means the price should perform a wave movement pattern till the upper edge of the triangle. Indicators become bullish again. According DMI a sharp rise is possible in the short term Reverse points for swing trading strategy are presented as targets in the signal in the Premium channel. The last target is valid only in case of breakout, do not place delayed orders now. We will provide you with an update in case 4th target is in action.
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by Skyrexio
1
IcOn - Ethereum's alternative - bottom 0.0000880First of all - Technical analysis of any sort is based on historical price action. Any future price action prediction is a theoretical view of an author in regards to speculated price movement. Trader/analyst/investor by using chosen set of tools hopes to gain profit from those trading pairs which seems to follow rigoristic criteria. Icon/Bitcoin is now one of those pairs from my point of view. Major focus : 1. Theory: my ideas always fail. 2. A trend is your friend. 3. Importance of Rsi (Relative Strength Index). 4. Patterns / Formations. Analysis : It is obvious that we are certainly not in a bull market. As an author of this analysis, I am assuming we found a bottom in the ICX/BTC pair. RSI indicates signs of bullish divergence (12'th of September vs 12'th of November) - volume is dropping, bears are slowly losing steam. We can clearly see falling wedge (white) and bullish broadening wedge (blue) - both indicate a possible change of price movement to the upside. Targets are divided into 2 categories (green and yellow) - green is most likely to happen in a relatively short period of time (up to 90 days) yellow is a longer term investment. If bottom at 0.0000880 is broken and candle closes below, we can expect the price to drop down to previous low (around 0.0000770) - I would advise here tight Stop-Loss at 0.0000840 level. This analysis will be regularly updated.
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by crypto_poet
$ICX Finally Ready to Pump. Are You Consider to Jump In?Actually i'm about to post this one when it was @9850 sats. At the moment it already almost 2% from that level. Why i confidence that ICX is ready to pump. Short seeing from the candle form that it actually pretty basic. Today's candle will actually will exceed the last 4 candles high if it's according to the basic TA theory. It called as "Rising Three Method". Well you can read about it on the internet for more detail explanation. If you are a scalper you might wanted to take profit at the orange line @ 10260 sats, but actually if you play mid term i will take range of 10800 to 12270 as my profit resistance. If you play long term, the zone that I give colour, the lower one is good accumulation zone and the green one is a confirmation zone that need to be break. Then if i go long term I will definitely take 14640 - 18870 as my first profit zone. Basically if you judging at the situation right now it's quite hard to not be realistic because as the bitcoin situation running sideway and have a lot more pressure to the bearish tendency, I encourage to actually set the most realistic target and the most careful entry on the most liquid project with great sentiment in the process. Judging the fundamental actually ICON is one of the best out there which basically i like their progress so far and they are already make a lot of strategic partnerships and even re-invest their money to the other rising project in the cryptosphere. Plus, ICON is korean made. I'm not really korean fan but as we know they're quite made big moves in the recent years towards the development of technology. --- and drama~~~ ey! So take it as a grain of salt, don't forget to take a look at my other analysis post and give em likes and comments. I will post the closer look on this post update for a clearer look. ------------------------------------------------------------------------- www.tradingview.com Rules: #1 Always obey tradingview.com house rules #2 Always read the description #3 Don't spam on the comment section #4 If you wanted to request my opinions about a coin/token just give 10 likes on my published charts and I will do it the day or two after #5 My opinions are not financial advice, follow it at your own will and your own risk #6 Together, let's build a better community on this platform -------------------------------------------------------------------------
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by blockchaindedi
2