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ICX/USD - Day chart - Potential +190% for Wave 3a good case for a 1,2 on the daily scale. wave 3 would have a potential +190% move.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
$ICX - LONG - 1D - TRADE IDEA- Watching for reclaim of Daily OB
- Volume decreasing during the end of this sell off, hopefully we are just dipping under OB to remove stops and then reclaim
- Want to see FEB lows NOT BROKEN below 537 SATS but could see it act as the support before the reclaim
- Take profits @ 675, 801 and finally between 900 to 980
- Korean Etherum
$ICX Crossing over resistance at ~700sats...$ICX Crossing over resistance at ~700sats as result of the "P-Rep TestNet" announced for April 30th.
If current level hodls, potential next resistance/target could be around 900sats
UCTS Buy signal on the 12H
RSI & MACD rising
Bullish divs
ABCD bullish pattern in play
#ICX
ICX-BTC Double Bollinger Bands The Double Bollinger Bands on ICX-BTC pair are now in the neutral zone again. Pay close attention to the price action at the middle BB (blue line in the middle). We will update the post once we see where the trend is going and provide you with a RRR setup. At this moment we are neutral and are waiting for price action on the BTC pair, however if BTC makes a move we will be waiting even longer to figure out where this is going.
A close below the middle BB will suggest that the downtrend is likely to continue. A strong close above the middle BB tells us that we are likely going to reverse the trend or at least touch the 1st or 2nd upper zone of the BB.
Extra info:
Green zone = bullish trend
Blue zone = neutral trend (break up or down this zone might indicate reversal)
Red zone = bearish trend
To be updated!!!
ICXBTC uptrend channel
ICXBTC now is situated into an uptrend channel and just broked the falling wedge. In this 1D timeframe we have a bullish setup because:
-We have the first buy candle at MACD(momentum)
-RSI is situated above 50
-Stochastic rising and soon will hit the overbought zone
GOLDEN CROSS coming soon!!!!
Targets for midterm: 0.0000986 ; 0.0001100 ; 0.0001369
ICX forming a Cup & Handle, might be a good mid term trade.ICX/BTC is currently consolidating on top of old resistance from 760-790 confirming the S/R (support and resistance) flip. We also have the 200 day moving average in Red acting as support right within this S/R flipped zone. In the broader picture, we can see ICX/BTC is forming what appears to be a cup and handle formation, and we are toward the bottom of the handle as it sits right now. Overall, this might be a slower moving trade, but so long as we hold above the 200 day moving average and continue holding this S/R flipped zone, this entry may end up being pretty solid for a mid term hold. Targets will be aimed at mid term levels. Also, if anyone wants to get a free stock from Robinhood, feel free to sign up using my referral link below. They also offer feeless cryptocurrency trading on a select few coins if you're in an approved state. I'll put an article down below for those interested in Robinhood crypto. I also accept BTC donations if you guys are feeling generous! :)
Moving average guide (All daily for this post):
50 day MA in Green.
100 day MA in Yellow.
200 day MA in Red.
Entry: 760-820
Target 1: 975 (Previous top)
Target 2: 1100 (Previous resistance zone.)
Target 3: 1250 (Previous consolidation area.)
Target 4: 1375 (Previous resistance zone.)
SL: 725-750 depending on your goal and risk level.
Robinhood crypto article: support.robinhood.com
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
ICX - 38% Since My Post (Update)Icon has made a nice push up towards two of my target zones since my first post (a price increase of around 38% from the time of my post to the recent top). It has since cooled off a bit and has been consolidating. I also made a video about shakeout tactics (linked below) which explains how whales accumulate before the ultimate breakout. This is something you can use to your advantage as well, if you like swing trading.
As for current price action, we could see a bigger pullback here in order to take on that 990-1000 resistance. As mentioned in my other post, my ultimate target was in the 1400-1500 area for ICX, which is an 100% profit gain from my original setup. Time will tell if we can make it there. Right now, ICX seems like it might need to cool off further (RSI overheated, and the Ultimate Oscillator is showing that we may be near a top on the weekly):
However, if we do get back above 900 with some volume, we can attempt to break that resistance. I think we may need a deeper pullback first though, judging by the indicators mentioned above. We currently have support at or near the red lines on my chart.
This is not financial advice. Just an update on a chart I've been watching, and where I'm seeing this potentially going.
-Victor Cobra
Good time to buy on a pullback before next leg upThe past few days have seen ICX go on a tear. Today we have seen ICX drop from around 988 sats to the sub 900 range. It could potentially reach the 8 or 13 day moving average (in a wick) before moving back up based on previous price action. I am buying this retracement. Stop loss is set below 13 day moving average on the daily.
Good luck!
#icx
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#$icx
$icx
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#icxbtc
#btc
Bullish Weekly Chart on | $ICXBTC |Technical Setup in play as we have a confirmed 3-13 ema bullish weekly cross-up plus were printing green bars which says volume is picking up and this uptrend is in play.
ICON is looking great for a swing back above 1000 but you never know when that momo kick in it could see much higher trading prices. Look at the fib retracement for possible answers.
coinmarketcap.com
icon.foundation
Prices as of 3/7/19
$0.325929 USD (14.43%)
0.00008325 BTC (14.35%)
Market Cap
$154,296,969 USD
39,413 BTC
Volume (24h)
$33,725,266 USD
8,615 BTC
Circulating Supply
473,406,688 ICX
Total Supply
800,460,000 ICX
Looking for new Local highs... After the breakout from the bull flag with great volume $ICX reached to break over EMA100(red) & retested it with success after a small pullback.
Now an ABCD could lead us to test ~842sats weekly res.
MACD looking strong, RSI is entering overbought levels.
UCTS Buy signal
Icon (ICX) Long SetupICXBTC has been absolutely HAMMERED during the bear market. However, I've noticed some positive news recently for this coin, as well as a massive increase in volume. While I didn't catch the extreme lows, there is still plenty of potential upside. I'm practicing some VERY SMALL trades with high reward possibilities in order to build a trading stack from scratch. I've started out nicely with my BAT trade, that generated a 40% return right off the bat (no pun intended).
This setup is as follows:
BUY if we break above the ascending triangle resistance (around 735 to be safe)
Targets:
860
924
1028
1400-1500
This setup will be INVALIDATED if we break below the ascending triangle support and if we go below 675.
This is not financial advice. This is a trade that I'm currently in, with a very small position, just to try out some strategies.
-Victor Cobra