#ICON/USDT Ready to go higher#ICON
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 0.2161
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.2208
First target 0.2326
Second target 0.2446
Third target 0.2583
Iconomi
ICON (ICX) - LONG TERM VISIONHello trading friends,
ICX had normally to have better times in 2021 , and depending on more reasons as the breakdown trends, ICX did not hit the target of 3 USD. and was not far from that target.
There are more reasons why sometimes it's better for coin to make a return below trend and today ICX is in a place that could be interesting for the long term spot- of course with the expecting that market should be green (BTC) or at last stable. crash markets can make in main way also changes to other coins.
ICX has possibilities to increase into long-term to high targets and as best target 3 usd+
in the chart, you will find more targets than the 1.5 USD target.
Have a great day
@ soon more updates about this coin
ICXBTC fighting MA / Falling wedge - Bullish action?ICXBTC is broken out of falling wedge. The possible gain is shown in the chart. Maybe we get a pullback at this stage, but we have to find out. This could give us the confirmation of the first wave of the new set of impulsive waves. Interesting trade!
Iconomi (ICN) - Keep A Close Eye on This OneIconomi (ICN) is hovering around a very strong support and now trying to break the downtrend. If breakout happens to the upside, a trade can be opened here.
I'll be tracking this coin for a trade.
Thanks for reading...
Namaste.
Daily Bullish Signal #ICN #ICNBTC (03-10)#ICN (ICN/BTC)
Buy : 5600-5700
Flash Sell : 5900
Short Sell : 6050
Long Sell : 6200-6400-6600-6800-7000
Stop : 5500
Follow me for more signals daily
ICONOMI Late Breaking Update Price Analysis To get a really good idea of what's going on with ICON, we're going to have to go back to the 1H chart:
We can see clearly what happened to the price action once $ICX broke through the south side of the uptrend line that was holding the price up previously.
Soon as the price broke south of the uptrend for the flat top triangle (which we thought was forming), the price just fell off of a cliff from that point.
As much as -33% in just a little over a week (ridiculous).
Since then, the price has increased by as much as 18% before consolidating those gains to 10%.
No apparent patterns on the regular chart.
RSI is shitting the bed on the H1
Let’s see what’s going on for the H4
Neither the volatility RSI (third panel), nor the Filter RSI (green and red line; second panel) is super bullish.
Yes, there was a surge in the RSI, but we explained last week that a relatively short burst of price movement can cause a spike in the RSI.
Let’s Move Up to the Daily:
Absolutely no positive divergence to be seen. Honestly, what’s on the chart currently is more akin to a bear flag than the beginning of substantive price movement.
Conclusion
It can’t be ruled out, but there’s just nothing in the chart that’s making it appear to a no-brainer to place a long position on it at this current point in time.
Technical Analytic for #ICN #Iconomi (04/09) - Back to workBack to work from vacation, here's my first signal :)
#ICN (ICN/BTC)
Buy : Under 7000
Flash Sell : 7050-7100-7150-7200
Short Sell : 7300-7400-7500-7600
Long Sell : 8000-8500-9000-9500
Stop : 6700
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ICX Pull back continues!Hello Dear followers,
It seems like the pullback is still not over and we are heading for one more double bottom formation in icxbtc pricaction. We believe green box is a good entry point, and below that we do not have any support zones since the coin entrance in binance.
ICX - Upcoming Events
30 June 2018
ICX/ETH Decentralized exchange
Validation: 1085/1137
01 July 2018
Blockchain conference in Seoul, South Korea, on July 1st and 2nd.
Validation: 281/291
03 August 2018
"The inaugural edition on the 3rd and 4th of August will take place in Hyderabad, Telengana’s Thriving IT and Tech hub..."
Validation: 30/34
Cryptocholics out, peace out!
ICN monitor possible breakoutBouncing from fibo level and support trendline, plus break of downtrend line could confirm an uptrend. Target according to Fibo and further downtrend lines. StockRSI looks interesting. This analysis should be supported by a general positive market trend.
ICX - Moment of Truth. Fib Retracements Don't Lie?1. I have been watching Icon's chart for quite some time and most people including me have been eager for ICX to complete the Cup and Handle a few weeks back (indicated in the yellow), but has failed ever since.
2. I myself have exited the position due to the market failing to keep in tact the trend lines indicated on my chart, and also has failed to maintain fib level .618.
3. It has bounced on the final .786 fib retracement level, where I made a position, but have gotten back out at breakeven. If it breaks down from here, expect a big drop.
Good luck!
ICN BTC SUPPORT AND RESISTANCE UPDATED! ICN BTC SUPPORT AND RESISTANCE UPDATED!
Presently Oversold!!
IconomiICNBTC moving under reistance line of the triangle. Looking for next fibonacci levels. Now in bottom. Waiting for big pump. Good opportunity to buy in deep
ICN dark horse coin of 2018???Iconomi www.iconomi.net
Did you see this daily chart??? The upside is fantastic. Available on Kraken and Binance.
Fundamentals better then ever with medium.com
Upcoming fiat gateway in Q2 will make this thing fly to new ATH.
Oh and they also have this thing called Pinta fund managing over $130M icnhodler.com
ICN gonna go for the distance! HE'S GOING FOR SPEED!Let's see this little coin go. A new ICONOMI for all!