ICXBTC: Change of Trend or Bull TrapNot a big fan of alts, but ICX caught my attention. Price soared into weekly resistance and I think it's time to take profits or even enter a short position (if it'll be possible), I'm expecting some retrace from these levels.
Otherwise, weekly close above red zone will tell us about strong trend and a possible long opportunity
Information is just for educational purposes, never financial advice. Always do your own research.
Icx
ICX.BTC (Y20.P2.E1).Macro.PotentialHi All,
Continuing on with the ALT coin topic\review where I am creating a shortlist, ICON looks like another great opportunity.
Its another coin and area pay attention too.
I have it bouncing off the 20 Weekly EMA.
I'm bullish bias with many of the ALTs and hence based on the pr evious post on ALTS.LTC, I have it going up.
Close up view, on the 8 HRLY and have the 10, 20, 50 ICON. Potential bearish div. on the Stoch and RSI.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
(for my reference > Macro.charts)
ICX/USDT Iconloop is hitting $3 in April 2020, and $60 in 20302020.02.02 is the the first global palindrome day in 909 years. This date was chosen to introduce a theme that now resounds globally due to climate change and other governmental challenges that developed cities and emerging economies face on a wide scale:
At the start of 2020 We Celebrate the past, and create the future. We are ready to embrace Smart Cities, Connected Cities by Hyperconnecting the world.
As I write this post, ICX is up more than 350% in only 30 days! Why? It has a sudden skyrocketted 24 hour volume of 420 million and is now number 33 on coinmarketcap.
As I did a thorough research on what exactly is iconloop blockchain and who are behind it I was completely mindblown to the smithereens.
Iconloop blockchain has received open government support, vc funding and has been approved by South Korean FSC for some time now. It also has wide support from some of the largest Korean banks and the United Nations to continue presenting South Korea's capital Soul city the best example of a Hyperconnected Smart City.
The chronological milestones that connect the dots back to iconloop and icon foundation are a real jaw dropping experience. People are quickly realizing who is really behind iconloop and how price will catch on with the list of developments achieved so far, despite the fact that iconloop and icon foundation are only 4 years old. This recent price action suggests the genie is finally out of the lamp, YES!
The sleeping giant is waking up as it takes the world by storm!
Over the past 2 years alone, ICON has Partnered with a myriad of companies , to connect the largest Korean bank records, health history, higher education credentials , transportation services, authentification requirements mandated by local governments.
Thanks to Iconloop and Samsung's dpass, citizens can have a new digital identification through Samsung Pay and Idemia that's already already being used is one of many Samsung subsidiaries working towards the same cooperative vision of interconnecting the world and is being implemented by a growing number of countries worldwide, the largest korean banks also use iconloop's technology to connect smart citizens to bank records including SBI .
Colombia is an example of a progressive country in an emerging economy Colombia 's, who had been seeking a way to replicate x-roads model of interoperability . In this case, they had waited for a solution like iconloop not available to the world for many years, 8 years later after updating their public transportation system with the help of Korean banks and Seoul government , they've finally announced a digital id system is on the way to continue of a cashless society, and of course they are not the only ones racing to get there.
South Korea's first Central Bank Digital Currency bridged through iconloop called S-Coin will release this same year!
South Korea’s ministry of science and technology has plans to invest 450 billion won (~$382 million) for blockchain research and development in the next 4 years.
Yahoo finance and crunchbase reported the startup with 100+ employees has recently received more than 8 million dollars in funding out of an announced 382 million destined to the same set of solutions offered by iconloop.
The list of commercial partnerships keeps growing at a skyrocketting pace!
Forbes writing about an Invisible ‘Global Currency’ That’s 24 Times Bigger Than Bitcoin hinting at Mastercard, Visa who resound the global vision of Samsung called Digitally Connected Smart Cities. Mastercard and Visa brochures promoting a cashless world with efficient transportation systems like the one mastered by Seoul while featuring internationally awarded and a recognized former Mayor of Bogotá. Bogotá is one of many cities that accepted a total of 176 million dollars from LG CNS , a Korean services company and subsidiary of the LG Group, confirming their responsibility for providing the most advanced information technology solutions of its kind to Recaudo Bogota, representing Korea’s largest ever information-technology services export as iconloop continues leveraging the technology implemented in Seoul’s public transport system to develop a custom solution for smart cities, hyper connected cities by 2030. Their plan is to meet modern cities fare collection, fleet management, and user-information needs.
Korean banks backing mobility and transportation hyper connected smart city solutions since the Millenium, like for instance Bogotá transit system backed by Smart Cities confirming they are looking to integrate iconloop blockchain technology developed at the heart of Samsung's Seoul city.
By connecting the dots, you soon realize why iconloop will be worth billions of dollars by 2030, that puts the value of each icx utility token in circulation to about 60 dollars a piece.
This is THE best investment that can truly change your life. Project price by December of 2021, 12 dollars! This year it will hit 3 dollars! Current price? less than 50 cents.
A true gem.
#Tokio2020 #iconloop #samsung #visa #mastercard #lggroup #cashless #smartcities #seoul #korea #iconproject $icx #japan
ICX - 1 month later analysisAn update of my trading plan
One month after the first analysis, let’s have an update of the trading opportunity we had.
First of all, we also had a weekly higher high; normally the long term downtrend is finished; really good news for investors and bag holders.
The price took the right direction; the technical analysis was not so bad but it wasn’t the toughest part of the job :)
We reach the targeted area (orange circle on the chart) but I have lacked of ambition, the 0.33$ target was too low; the perfect trader would have sell only a small part of his coins at that level and let his gains run higher. I sold 60% at that level and 40% before 0.4$. I could have done much better; but I’m happy to not loss any money.
Now, just a few word on the current situation. The momentum is really impressive and definitely not the time to enter. I will wait for a price correction and maybe make another analysis for the next level. if you are still in (swing trader); you are steel-nerved but don't forget to take your profit (at least a part of). You already made an excellent trade. Will you wait for the weekly EMA100 before correction?
I'd be curious to hear your ideas
Casual 300% from bottom for $ICX. $AION & $LOOM are following itCasual 300% from bottom for $ICX. $AION & $LOOM are following it!
The correlation between #ICX and $AION has been proven once again. To everybody swing trading Happy Gains! Do not forget to take some profit! The time to hodl #altcoins longer is coming back.
Strong hands will be rewarded!
ICON Prepares For A Strong Move | 200%+ICON (ICXBTC) is preparing for a very strong bullish move... I am going to keep this one short.
First, we will go for 0.00002011 (MA200), then for 0.00002753 (1 Fib.) followed by 0.00003586 (1.618 Fib.) to finally hit 200%+.
This setup can take several months to fully develop, in the range of 4-6 on average.
Thanks for reading. :)
Namaste.
ICXBTC Korean Ethereum now 190% profit#ICX Korean #Ethereum 190% Profit.
called at 1600 Satoshi and now 4560 Satoshi.
#ICXBTC now boom boom Guys.
finally I am closing my All position here at 4530 Satoshi and I booked my Profit.
Like and follow me guys for latest crypto updates and charts.
I always believe Learn and Earn.
ICX ANALYSIS (LAST PUSH TO 200MA)
ICX
ICX has been on a small run lately and push beyond 1800 sats. I expect one last push up to 200 MA and the short term resistance block at 1900-1950 sats. This will send RSI and Stoch to overbought and exhaust buyers. This is an important point, if this is rejected hard then a possible correct all the way back to support is probable. Otherwise, a break of the 200 MA will bring a new phase of buyers up to weekly resistance block at and over 2000 sats. Watch for the break or rejection at 1900-1950 sats before entering any new long!
ICX/BTC 138% Profit now and still Pumping#ICXBTC 138% Profit
I called at 1600 Satoshi and now 3700+ satoshi
Bull on fire.
#ICX not Stoping Guys.
enjoy with your profit
#Korean #ETHEREUM now Bull Mode.
Boom Boom.
Always update for this type of Profit.
Like and follow me guys for latest Crypto updates and Charts
ICX ANALYSISICX ANALYSIS:
ICX has grown exponentially, hitting all of my recent take profit targets. I expect ICX to top off now near weekly resistance or beforehand. I would wait until correction has come to enter. The new area of interest and support should be looked at near 2600-3000 sats. If this new local support holds, it is a strong bullish case for another attempt BACK up to weekly resistance. ICX is way thru the moving averages and long term looks fantastic! Although, right now ICX is pointing to daily overbought across the chart. Look to enter upon retrace!
Possible Entries: 2800-3000 sats
Missed ICX? you can buy again hereMe, like many of you, have missed this ICX humongous pump, it looking super bullish to me and i bought some to sell at the resistance, and will buy even more on the first support.
I'm assuming we will reach resistance and start creating some bullish flag to 0.3/0.5fibo
ICON may go for new bullish trendThe small cup has been filled. But the upward movement may need to continue. And 200 EMA maybe worked like resistance before. So we need to watch the reaction. If price breaks 200 EMA -upward- maybe we can see some upward price movements.
Alternate scenario, the price can't break 200 EMA, price maybe move through bottom line (0.1075).
$ICX, Over 100% up since UCTS Buy signal on the 2D...$ICX
Over 100% up since UCTS Buy signal on the 2D...
Looking too much vertical to keep hodling too much longer without a healthy retrace...
If you are hodling/trading this asset, make sure to lock some profits and look for entries back at R/S Flips...
#ICX
ICON - Soon 067$ ?!!Hi,
We have a beautiful Butterfly pattern which started from February 6th, 2019 and ended to January 3rd, 2020.
We reached our first target to the neckline (TARGET 1 at 50% Fibonacci). We should get a correction before going to our second target at ~0.45$ (TARGET 2 at 100% Fibonacci).
I think we should hit our third and last target at ~0.67$ (TARGET 3 at 161.80% Fibonacci) before or during this spring 2020.
Usually a Butterfly pattern hits 161.80% of the Fibonacci before a good correction (fill again our bags).
Trade safe!
Cheers,
PS: it's not a Financial Advice.
ICX/BTC now 86% Profit So far#ICXBTC Profit Update:
#ICX Now 86% Profit so far.
ICXBTC Chart Posted when ICXBTC price was 1600 Sat
and now went upto 2985 Satoshi.
congrats Now very Near of TP2.
Partilly book your profit guys
And please like and follow me for latest crypto updates.
Icon ready for a 100% move to $0.28?Icon, the Korean Ethereum back in the day, one of the most hyped coins around here and one of those coins that went down 99%. From $12 all the way back towards ICO prices and that level has been defended a lot here.
Currently price made a double bottom structure at $0.11 and broke above the resistance of $0.125. Even further upwards movements were warranted in breaking the $0.145-0.15 resistance area.
Volume is starting to look strong and the higher timeframes of both the BTC and USDT pair start to look good here too.
Retest of $0.14 and $0.145 are levels to watch for potential entries.
Short term targets if these levels hold are defined around $0.18-0.185. Mid term target around $0.28-0.29.
$ICX, Crossing over ~2280 sats resistance level$ICX
Crossing over ~2280 sats resistance level with increasing volume and UCTS Buy signals on the 1-4D timeframes..
12H showing a golden cross on EMA50/200
Looking for a retest of crossed level & Flip as entry, Looking for ~2800+ sats as target (20%+)
#ICX