$ICX / $USDT Looking to Complete 5th Wave?I will not predict price points as too many aspects can play within a market; but I will use Fib Retracement & Extension levels for targeting potential ranges. Consequently, I am more of an "in the moment" type of trader that focuses upon trend direction via Elliot Wave, while using other aspects to help identify and react to trade decisions. I tend to focus on shorter term alt coin positions, to focus on my end goal of earning as much Bitcoin as possible.
BTC STATUS --> looks to have a bit of room up still. Today with CBE and exchange issues could raise issues. Keeping a close eye as this is my only position at this time.
- Looks like .7800s could be bottom of Wave 4
- Reaching Fib 1 Extension would be a 49% Profit
- Wave 1 Length for Wave 5 would put us around .786 area at $1.13
- Stop Loss currently set at .78 with a few alerts set in-between my long position at .82s
- I'm trading in $USDT as I am not convinced that $BTC will maintain a longer-term upwards trend YET.
- Wave 5 price point is not a prediction... just outside focal point of chart and will adjust as things play out.
ICON
ICX is forming Elliot Wave!Hello everyone,
as you can see in this post we focus on ICX which is making a nice setup for Elliot Wave.
ICX has gained huge volume. This volume has not been here before. Even though BTC goes sideways ICX keeps going up. That makes this coin independent on BTC which is a huge advantage in comparison with other altcoins.
In the graph, you can see the green (thick) line which is the support line. The coin should bounce from this support line. If not there would be a free fall down.
If you are looking for a good enter we recommend you to put a buy order around the green line with a thin stop loss below the support line.
Hope you like the idea.
If you want to add a comment write it below the chart.
Thank you for watching us!
Your exclusive signals team!
[ICXBTC] LONG - ICON Returns with Ledger Support [250%-550% PP]Let's start with the charts; On your left hand you have the daily chart and the weekly on your right hand.
- First, you can see the profits potential on the weekly chart based on ICON (ICXBTC) current price vs its April's peak and January's 2018 all time high. (Long green bar).
- NANOBTC created a new low at 0.0000767, followed by a strong bounce.
- Bullish candle on the weekly time frame, good volume, positive upcoming events and market dynamics support a move to the upside. So let's start a trade for ICON right away.
ICON upcoming events
- 31 August 2018 (or earlier)
* Ledger Support - "Ledger support will start next month and we will announce the exact date as soon as the date is finalized."
ICON (ICXBTC) targets for Alan Masters Trades
(1) 0.000162
(2) 0.000196
(3) 0.000253
(4) 0.000300
(5) 0.000346
(6) 0.000412
(7) 0.000496
Buy: 0.000115 - 0.000128
Stop loss: A drop and close below 0.000103 on the weekly time frame closes this trade.
GOD BLESS TODAY
Thanks god for this day, today!
Thank you for another day of grace.
Thank you god for another wonderful day...
God bless today!
Namaste.
Icon vs Bitcoin - ICX 55% Profit PotentialHello traders, we have a potential buy set up for Icon. Buys within the blue box is what we are looking for. Stops under our 0.382 Fib level as this would invalidate this Elliot Wave Count.
Icon has a profit potential of around 55% if we reach our Red box.
Moon shot over 2000+ sats.
Happy Trading. Telegram link in bio.
ICON: STRATEGIC PARTNERSHIPS & SEOUL GOV COLLAB -PROFIT=74.15%!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of August 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 22.39% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 18: Crush Crypto (a cryptocurrency analysis site) identifies Icon (ICX) as a Crusher of the Month.
April 19: Deblock project announcement where Icon Foundation will work with a marketing company called AD4th (which digital advertising agency. Deblock function as a business incubator, which will assist blockchain projects to launch on the ICON platform by providing funding for the development of their blockchain related applications.
April 23: News articles with speculation that South Korea will remove their initial ban of ICOs.
April 27: News from Bloomberg publicises Pantera Capital Management LP recommendation ($1 billion cryptocurrency hedge fund) that ICON (ICX) is a "screaming buy".
May 8: ICON announced a strategic partnership with Japan’s first crypto fund, B Cryptos. This is supported by Japan’s top venture capital funds, B Dash Ventures by Japan’s leading cryptocurrency exchange QUOINE, which will invest in various ICOs and cryptocurrencies.
May 11: ICONest, ICON's token launch platform is launched.
May 14: ICON and LINE PLUS, a global social platform with over 200 million monthly average users(MAU) worldwide, has co-founded ‘Unchain’ to build LINE’s blockchain network. Unchain aims to develop various DApp services while building synergies with ICON to expand the blockchain ecosystem.
May 30: ICON announces its strategic partnership with TRIVE, a Venture Capital firm based in Singapore.
June 5: Korea Customs Service hosted an MOU ceremony with eight other organizations including Nomad Connection, Matrix2b, CJ Korea Express, and Lotte Global Logistics. The ‘Blockchain based Customs Clearance Platform’ will be utilizing loopchain, the underlying blockchain technology used by ICON and several other companies and consortiums in South Korea.
June 8: ICON and Deloitte Startup Advisory Group (Managing Director, YS Kim) signed an MOU. ollaboration between Deloitte Blockchain Lab, which has developed and commercialized more than 30 blockchain projects, and ICON’s technology is expected to strengthen both companies’ competitiveness in the blockchain industry.
June 11 : ICON and Carboneum signed a strategic partnership to proactively help Carboneum with its technical development on ICON blockchain and strategically support the project’s further expansion. Carboneum is a decentralized infrastructure and protocol for social trading, leveraging blockchain to promote transparency, automation and a fair fee mechanism, which are missing in social trading systems today.
August 21: The ICON Foundation announces ICONLOOP (formerly theloop) was selected by IMCLOUD as the blockchain technology consultant for ‘Building the Next Generation Election System based on Intelligence Information Technology’, commenced by Korea National Information Society Agency (NIA) and supervised by Korea National Election Commission (NEC).
August 24: ICON announces a strategic partnership with CertiK, a smart contract auditing firm with a patented technique to automate formal verification of smart contracts.
August 24: The ICON Foundation is proud to announce that ICONLOOP has been selected as an operator of Seoul’s standard blockchain platform for ‘Seoul Blockchain Demonstration Project’(directed by Uracle), which is commissioned by the Seoul Metropolitan Government.
The positive developments have led to the increase in demand for and hence the price as well as the general recovery in the crypto markets.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)***
ICON COULD 300-500% PROFIT POTENTIAL#ICX/BTC ( Binance )
Buy Range : 0.0001000-1050
SL : Not Recommend
Target 1 : 2550
Target 2 : 3840
Target 3 : 4850
WEEKLY CHART
- failed to support on 0.236fib
- Tif weekly candle closes on green that would be a good point for a bottoming
- CCI is going up after big bloodbath.
DAILY CHART
- RSI downtrend has been broken. Positive
- MACD crossed and going up
- CCI turned into green after 4 red months
- Moving averages still above of candles yet
4H CHART
- CCI showing good and longer positive action
- Ichimoku cloud broken and stay below candles
- Candles supported by EMA20/50
- Important MA200 remains above candles for now
CONCLUSION
ICX has been performing very good on the last days. Price is really pretty low and if altcoins can survive on cryptocurrency , this seems a VERY good spot to buy.
Small timeframes has been looking good on ICX but still need some bullish confirmation to be sure if that's the right time to start.
However, Market could need some weeks more to start move faster, be patient!.
Good luck ,
Mike
8ema crossing the 20ma upwards - not since May! Bullish #ICXKeep your stop losses at just under or over 20ma although we might retest and bounce from 20ma.
don't risk big amount and scale in if chart plays out.
also same is happening with WANBTC
bullish alt season for some? quite hard to tell just yet...
ICXBTC recoveryThe lowest point of ICXBTC was 767sat in the previous days.
We can start a trade on ICXBTC buy-in.
icxbtc 974-1050sat buy in
Stop loss at 850-900sat(depends on BTC and ETH trend)
1st target 1290sat
2nd target 1390sat
3rd target 2200sat
4th target 3500sat
and long HODL!
If you believe that ICX is not going to 0, the above is just the recovery of Bear market. A new bull run will begin after breaking 4000sat.(Again,it depends on BTC and ETH trend. I expect it to happen after BTCUSD breaks 10000USD.)
The above analysis is mainly based on the swap rate on critical level.
How many target(s) above we can meet is depending on HOW LONG THE BULL OF BITCOIN can go. Putting a trailing stop order of 150sat is always good for risk management.
[ICON] - We're close to the bottomI was meant to make that boring period of 4 months to 2 years. Excuse me, anyways:
There has been some pretty insane predictions, i've been calling the bear it since $1,50 that we're going to hit these kind of lows. When it comes to the bottom, i have no idea. I thought the Hodlers would keep the price up somewhat to $0.60 but they clearly panic sold and now the whales will have a really cheap buy-in. I don't think we'll ever hit lower than $0,30 though but $0,45 which is almost where we are now (and that personally have a predicted) is a pretty good buy in if you ask me. I would suggest waiting for sideways movement before going in. Historically if you look for instance at BTC we had an exponential growth of 10x in 2013 from $100 to $1000. After that ended we went down to $200 in a 2 year period almost all the way BUT we found new support instead of going back to $100 and in only 4 months of sideways movement we found the bull market again and within that time we have slow groth for 2 years until we hit $20k.
I believe we'll hit the same pattern and depending on news; for instance if we'll have a BTC -4.56% ETF in 2019 I can see that we're going to grow to $60k easily. Where did I get that number? (Current price * 10x). We're again going to hit that pattern and likely 10x again like we always do. I know this was a little BTC fundementals but sadly ALT's are still tied to Bitcoin so we have to let Daddy go first. But like i said wait for that neutral period, until that the Hodlers are the only thing that will keep ICX from going below it's i.c.o price.
Has ICX (ICON) Bottomed Out?Hello guys,
It's been a long time since I've made an idea on ICON (ICXBTC).
ICX has decreased in value severely in these past months.
It seems to me that ICX has bottomed out.
Firstly, the extreme selling frenzy seems to have died down, as can see in the reduced selling volume.
Also, a potential rounded bottom and a double/triple bottom seem to be forming.
Anyways, we'll see how this goes!
Remember,
Patience is paramount!
Good luck!
ICON - HEADING TOWARDS DEATH! WHEN WILL THE MASSACRE END? ICX has been in the continuous long term downtrend since April end and the price has depreciated by 78%.
It has been moving inside the falling wedge with a good slant slope which means a great selling pressure.
The price has been continuously getting rejected from the basis line of the Bollinger bands.(See the circles marked with Pink colour)
Now the price is at the lower boundary of the wedge from where it should try to move towards the basis line
of the Bollinger bands or atleast till the upper boundary of the wedge.
The last zone of support has been marked. If it falls below it, then i'll consider this coin as dead.
Alternatively, there is a lot of upside potential left to be explored.
A zoomed out view:
This can be a good trade if the positions are opened after some signs of reversal and not to early. There
is a lot less downside left for stop loss with a huge amount of upside potential. Tight stops can be used
for this trade.
I'll keep updating this, as and when required.
P.S: This is not an investment advice. This is my personal journal. Invest your capital at your own risk.
Keep an eye out. Trade safely. Always remember, money not lost is also a profit.
Good luck trading.!
Peace.
ICON Updated idea with idea how the growth will be like I believe we will grow steady over the months, as you see on the alternative bear trend line it it's very slow and i believe that's the course we'll be taking too, i'm guessing we'll grow a dollar or two every month, once the network effect kicks in we will grow exponentially!
However i'm staying bearish entire august!
ICX / USD - ICON - Analysis, Big Wavecount & potential TargetsICO price was 0,105 $ where my wavecount starts. monthly supportline drawn as bottom of the decending wedge. the fundamentals in this COIN are very good as they have a hughe network. i personally think its not that likely that we will see the ico price once again in the next few years.
ICX USD - 5 LONG targetsIcon - ICX
Fundamental information :
Twitter 109k followers, one of the largest blockchain networks in the world. ICON boasts independent blockchains comprised of reputable institutions in major industries.It is an interchain blockchain that connects various blockchains such as Bitcoin, Ethereum, and Qtum. First, ICX is used as an intermediary cryptocurrency. ICX enables transactions among different cryptocurrencies by determining the exchange rate through DEX Reserve.
Second, ICX can be used as for DApp tokens U-coin, which is a DAPP developed by blockchain team for Korean University Consortium , ICX can be also a token for ICO platform like ERC-20.
Quick basic TA :
Falling wedge pattern, RSI oversold, bulls building up momentum... let's see how it goes.
Always remember of Risk and Capital Management.