ICXUSDT forming a strong bullish wave on near term.BINANCE:ICXUSDT has formed an ascending triangle and could break above the trendline. all indicators show that we are in a bullish wave and targeting these levels:
level 1: 3.30$
level 2: 4.61$
level 3: 5.89$
stop-loss level is closing 1 daily candle below 2.21$
Good luck...
Icon_traders
$ICX #ICX Multi Year/Week Cup & Handle. Above MAs. Cup and handle forming, just like ETH a few weeks back.
We will likely see some selling / sideways before we rocket up to first level of resistance.
Short term bear, longer term very bullish market structure. Supports iH&S Thesis on ICXBTC pair.
This is a fundamentally strong project. A lot of potential here.
ICX - prepare for reversal - just a small tradeICX is an interesting project but it’s difficult to consider a short term trading opportunity currently.
The bearish trend is so strong since the end of 2017 that it’s difficult to have a good chart overview without activating log scale option.
The weekly analysis doesn’t seem so complex. We are in a monthly descending wedge.
An important resistance zone can be indentified between 0.44/0.48$. Another one between 0.16/0.18$.
This week we failed to reverse the trend (up to now, the week isn’t finish yet), the price was stopped by the weekly 10 SMA.
You also have to consider the .oblique resistance on RSI; we are close to break it!
The ICX project now proposes staking rewards; close to 20%. It’s an important argument for investors (I’m in).
My trading plan:
- Swing Trading
- Target: 0.33
- I will open a trade after the closing of a weekly candlestick higher than the weekly 10 SMA (+/-0.135).
- Trade Risk/Reward ratio close to 10
- Money management < 2%
Last thing; I will consider carefully the BTC movements.
ICON-BTC 38% Potential Profit (ICX)ICON staying in this Triangle for a while now.
Good zone for buy medium term
Buy Price : 0.0000990 - 950
Sell : 0.00001377
Short term for sell :
Tp 1 : 0.0001090
Tp 2 : 0.0001230
Sell when you got some profit according to your way of trade.
I am sure, you will be get nice profit. Good Luck!
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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!
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)***
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!
ICX Short Term Play 4hrICX had a nice 22% bounce since the bounce from $7k. After some green days we are finally getting the pullback that is needed.
BTC is floating around $7.5k for the time being and can possibly retrace a little more around $7200.
That being said, a drop in BTC will result in a drop in alts.
This box that I've drawn is my buy zone and I have a few orders layered up.
Additionally, I'm looking to see if the candles hit the trendline which could signal a potential double bottom.
Things to add: Volume is declining signalling a potential break soon. RSI looks to bounce, historically, off the 20 or right above it.
ICON: MARKET RECOVERY & PARTNERSHIP- PROFIT = 22.39% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 28th of May 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.
As ICON’s strategic partner in Southeast Asia, TRIVE will also provide green lane assessments of startups for expedited access to support from ICON. This would accelerate the development of new blockchain projects from Southeast Asia onto the ICON network.
Analysis suggests that increased interest as a result of the ICON and LINE partnership has generated interest and trading volume in ICON (ICX).
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
$ICX PRICE/GAINS PREDICTIONS FOR THE END OF APRIL 18'ICON is launching their much anticipated ico platform in less than a month on April, 30th.
Price has nearly retraced to the 0.236 fib level from its recent bull run.
Its currently sitting on an upward trend line, while forming the cup of a potential cup and handle.
It should face resistance at the 34k satoshi range, where the handle should be expected to form in the apex of the resistance and trend line, and between the 0.5 and 0.382 fib levels.
There is also a bullish divergence in the RSI adding to my cup and handle prediction.
As well as the cup and handle, I'm anticipating an ascending triangle to develop as it moves forward, adding to the bullish narrative.
First target at the main 0.236 fib level is a short term/conservative target.
Second target at the main 0.382 fib level should be hit with no issues.
Third and fourth targets at the main 0.5 and 0.618 fib level I'm fully expecting to hit. The vpvr va resistance wont hold imo, and price should cut through fairly easily through the lvns.
Price could climb higher than those targets, especially if altseason is in full swing. But those are my price predictions/gains up until launch date.
Follow me on twitter to see more charts and price predictions @asikimart. I mainly post on there.