Icx
ICX/BTC Looking for fuel to take offIf we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker.
Also a good sign is that it's been making higher lows on the 4H and Daily timeframes.
Only thing that worries me right now is that green pivot level which we have fallen through and is now holding the price, so options would be:
1) aggressive entry right now and pray with your grandma that it breaks the green level
2) wait for the break of the green level and enter on a retest of it as support, this gives you better chance to win + better risk/reward ratio
Targets are red levels , around each previous local high, and stoploss for me would be below the previous low OR below the gray breaker outlined, depending on how wide I can tolerate it.
If it comes back to the breaker and starts making lower highs like that orange path, it would be a sign that it wants to break down further.
ICX/BTC Looking for fuel to take off.If we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker.
Also a good sign is that it's been making higher lows on the 4H and Daily timeframes.
Only thing that worries me right now is that green pivot level which we have fallen through and is now holding the price, so options would be:
1) aggressive entry right now and pray with your grandma that it breaks the green level
2) wait for the break of the green level and enter on a retest of it as support, this gives you better chance to win + better risk/reward ratio
Targets are red levels, around each previous local high, and stoploss for me would be below the previous low OR below the gray breaker outlined, depending on how wide I can tolerate it.
If it comes back to the breaker and starts making lower highs like that orange path, it would be a sign that it wants to break down further.
Original idea by Svarog
Embrace the immensity. ICX / BTC analyticsBUY: 0,00000126 - 0,00000135
SELL: 0,00000168
STOP-LOSS: -
Support: -
Resistance: -
The project creates an open source ecosystem that will allow organizations, such as government departments, universities, hospitals and financial institutions, to interact without third-party networks that charge transaction fees or delay the process.
The ICON goal is to enable ICX to directly use payment for products and services to organizations and individuals who work with the ICON Network.
In mid-August, the token price formed the current annual minimum, stopped at 0.000007670 (the previous one was not updated). After that, next 2 weeks the rate gained 90%. But in mid-September, the price approached a minimum again , where an uptrend began to form with a small angle of ascent.
We also see an accumulation zone 0.00009260-0,00012670, so the buyers were active both in current and last year.
The current price is in the triangle, trading is speculative - there is a struggle between buyers and sellers.
The deposit for the purchase of an asset should be divided into two parts, opening positions at the borders in the corridor 0.00009450 - 0.00010050.
We carefully watching the zone of interest 0.00013094 - this line can become both support and resistance. Part of the tokens in that zone can be sold, reducing the risks. Daily volatility is 4-8%.
ICON has good growth potential, we follow the project development.
ICX/BTC 10.26.18These are things I'm looking at, keeping in mind, just reminders.
Not rules or guidelines but markers and roadsigns.
Where we've been.
And where we might possibly go with a fan fiction roadmap to get you there if you want to buy a ticket.
Believe it if you need it if you don't just pass it on.
A little more downside for ICXAfter bouncing off the demand zone, ICX continues to find resistance near the 1100 area. The slow-moving EMA as well is proving to be tough resistance and seeing that we have broken down from this supply zone, we can expect a retest of the support area below and possibly get back down to the FIB level/trendline before resuming its move higher.
ICX overall does look really good after carving out a couple month bottom so the upside potential is there but yet again we need to keep an eye on Bitcoin.
Thanks guys
$ICX, BANG...
Weekly
Looking at our trend timeframe we see price continuing to respect behavior with no signs of reversal. Support found at 1000 price now looking to test resistance 1500. Stochastic RSI showing momentum in favor of bulls, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price respecting it’s consolidation zone from 1000 to 1100. Stochastic RSI showing momentum is in favor of the bulls, however we are seeing a shift in momentum. A daily close above 1100 activates our trade, a daily close below 1000 and expect another sell off.
ICX/BTC, in the starting blocksHi guys !
ICX looks really on fire to start a bullrun. Since August, higher low was formed and an uptrend is formatting too.
Now, we are at the 1100 sats, and in the next hours, we'll see if the price will break this resistance.
If yes, the price should pump toward 1370 sats before a correction to the next resistance.
Let's see if that's happened !
Thanks for your time guys !
There is a possibility for the beginning of an uptrend in ICXBTCTechnical analysis:
. ICON/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0001130)
Ending of entry zone (0.0000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0001460
TP2= @ 0.0002060
TP3= @ 0.0002350
TP4= @ 0.0002640
TP5= @ 0.0003790
TP6= @ 0.0004720
TP7= @ 0.0005660
TP8= @ 0.0006990
TP9= @ 0.0008680
TP10= Free
There is a possibility for the beginning of an uptrend in ICXBTCTechnical analysis:
. ICON/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0001130)
Ending of entry zone (0.0000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0001460
TP2= @ 0.0002060
TP3= @ 0.0002350
TP4= @ 0.0002640
TP5= @ 0.0003790
TP6= @ 0.0004720
TP7= @ 0.0005660
TP8= @ 0.0006990
TP9= @ 0.0008680
TP10= Free
ICX/USD 10.19.18 Big Picture So FarLooking at ICON/USD on the weekly as calulated by Binance and thinking about swimmin pools.
The chart begins in mid December of 2017. Some people say that was a good time for crypto.
Right off the bat we see a heavy divergence in price movement versus volume with price hitting ATH in early January around 13 American dingos. Next week price fluctuates wildly with decreased volume. The lower wick later becomes very significant resistance.
We get corresponding price to volume movement until June where we see the volume relatively increase as the price decreases hitting ATL at $0.45 in September and the price has more or less kind of in relation to the larger picture maybe flatlined since as volume decreased. (not really as we've seen a 76% bounce on the weekly since hitting the recent bottom but relatively speaking...)
Looking at the fibonacci levels we can see further future levels of resistance that could be significant on the way back up. Levels line up almost like robots are trading algorithms or something. But anyways.
Spoiler alert: I think ICX is going back up and will reach new ATH's eventually. Probably not today or tomorrow or next year and for the rest of your life...
wait.
I think I fucked that up.
But anyways once again.
From here to the floor that's been set so far is -36%. Just cause it was the floor before doesn't mean it's gonna be the floor again if you know what I mean though. ICX started at $0.99 here and has hit $0.45. That's significant downside. Don't be caught catching falling knives or chasing waterfalls. Instead Shoop. Shoop A Doop.
Cause year there's upside too. That December bull run was over 1200% in 21 days. Twelve hundred percent in three weeks.
From where we currently sit, pricewise, to the ATH is about 1800ish%. It's almost certainly not going to happen in one bull run like it did ten months ago. It's almost definitely going to take longer than twenty one days. But another parabolic bull run is likely eventually going to happen (imo) in the crypto markets and I think ICON is poised to be one of the alts that runs up there with the big boys.
The next REALLY big bull move in this space is likely to occur in blue sky breakout territory and it will probably happen in a short period of time. But. The grind back to ATH's could be a lengthy process. (Then again, maybe not, how's that for a point?)
These markets are like trading on steroids. ICX gained 1200% and retraced ENTIRELY over two and a half months. Massive fortunes were gained and lost over that time period.
Pick your piece of the pie and study your ass off about the best strategies to obtain said piece. I'm not sure if this type of opportunity is going to have too many iterations. Waddu I know tho?
I'm just your friendly neighborhood piece of Satoshi Peyote.
ICX testing the sentiment of an apparent bottom. Trades active!The Trade:
Wait for correction to around 1080 or below and buy in.
Stop loss around 1029 (think about buying back in if we hit this)
Target 1150.
Discussion:
Looking on the daily chart at mid range we can see that ICX is playing around with trying to define a bottom after a long period of losses.
We can see that there was an inital pump that attempted to bring about a reversal followed by a channeling upward over time.
Recent U shaped reversal pattern is taken as a sign that there is high potential that the upward trend will continue.
Looking at a smaller time frame we can see that the rallies that ICX experiences are generally steep with roughly 70 - 50% pullback while they channel upward. Secondly, we can see that we have experianced a recent "double" pump of sentiment over the last 20 or so candles, forming the U type chart pattern that can be indicative of continued motion within the larger yellow channel region. However, betting on the side of strong sentiment we consider potentials within the smaller yellow channel within.
Keep a strong attention towards the blue support line and the orange resistance line as potential bounce & targets. Clear out your position if we break the blue line downwards and await new signal of sentiment.