Icxbreakout
ICX/BTC NEW Hamstersless trend The beNice team thanks you for reading us!
The cryptocurrency market gives light to almost all ICO today. Coins release by packs every day.. Often listing is given for nothing. As a last resort, after primary treatment of penny in the wallet under this case will always be in a purse.
The ICON project was released at the ICO on September 21, 2017.
What makes the project unique:
- Soon ICON will open a platform for developers to conduct projects based on ICON, as it happens with other similar blockchain projects, such as Etherium, Neo, EOS.
- The project is going to open local institutes of computer engineering for involvement of developers. So they will be able to evolve developers in writing of smart contracts.
- The project is officially supported by the government of South Korea and is preparing for the implementation of a number of state and industry structures. Avoiding paperwork, ICON makes possible transactions between blockchains unlike at each other.
- Expansion is planned outside Korea, for which relations with partners of the English-speaking world are being established.
From shortcomings it is possible to note that the project can face a possibility of expansion because of small communication outside the region. In addition, dependence on the country's policy adds a portion of rice in a risky Bank.
The blockchain at an early stage of development.And last year's take-off with the subsequent peak paid the market a knockdown. But some projects, meanwhile, do not stand still. For example, judging by the team, the number of employees involved in this project in 2018 increased from 40 to 110.
Possibly, many projects until the end of the year will go out and partly will turn into fuel for growth, without having waited for new rise of the market.The icon is supported by the government, which acts as a shield, which means that the lottery participant is not ready to lose a piece of cake. It should be noted that in the community of South Korea there are rumors about the prospects of even greater loyalty of the Korean authorities to the world of the blockchain industry
The main thing that there was no rain and this gunpowder didn't wash away the 5th wave of the rider of the Apocalypse Elliot in an abyss.
By the way, the technical picture.
It is obvious that the consolidation period expires in early September. Probably, the overbought at the moment will not subside, and the price of the token will go to the corrective goals of 0.0002687 and may decide to fulfill the desire of the wise grandfather Holder of the cherished 0.0004683.
If to consider this token on a matropattern, movement from 50 periodny to 200 periodny MA matches the first launched purpose that can serve as the good trigger to a new impulse.
Recommendation: go long level 0.0001283. Targets 0.0002687 (1.), 0,0004683 (2.)
The risk per trade is the maximum. Support level will be at least 0.0000751 year. In case of breakdown of this level, we will wait for the fixation above it and add a position.
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ICXBTC: Time is Now, Do Not Allow FUD To Play With Your Mind
Hi All,
Transformational news for mass adoption without the need for ETF: Bakkt; Assets Backed Platform, similar to (XAUUSD) ETF.
This week, Crypto Sphere received very bullish News from Intercontinental Exchange (ICE), which is planning to launch their own (BTC) trading platform. And yet the market continues to Bleed slowly, which I cannot comprehend. I would very much like to Invite all investors and traders to look at Crypto potential landscape from a macro perspective. ICE Plan to create (Bitcoin) infrastructure as crypto transfer service, which could be utilize by Investors, Merchants and Consumers. They believe the services could inherently bring mass adoption, due to marketing for the Bakkt platform. ICE also partnered with (Microsoft) and (Starbucks). The Bakkt platform will be a regulated custodian service. They will be offering there services to Investors, Merchants, and Consumers as Custodian for payment Finality similar to credit card payment solutions i.e., (VISA INC) (V) and (MASTERCARD INC) (MA) and also One day physical delivered (Bitcoin) Future contract, which is bullish. I would like you also take into account The very nature of having ICE into the Crypto sphere, would bring in Compliance and robustness to the ecosystem.
Mainly because the Average investor Prefers to use establishment which they're familiar with such as New York Stock Exchange, (NYSE), which is highly credible in the eyes of regulators and investors. There are currently more custody solutions that have been created. New exchanges utilizing different type of implementation. The name (Bitcoin) being Synonymous to the masses as digital (Gold) or a store of value. Pre-existing businesses are now looking into the block-chain to retain their customers and or users. These are the current companies looking into deploying block-chain solutions via (Ethereum) block-chain; Amazon, (Amz), (Facebook), ALIBABA GROUP HOLDINGS LTD (BABA). As of writing, there are 3000 lightning network nodes, And I'm fully aware lightning network could in a sense centralize (BTC) to only Affluent individuals and Banks, which I do not care for.
Stated all that to say, the current infrastructure is being develop and deployed. I would suggest individuals not be so focused On the short term price action for (BTC). Because once (BTC) Infrastructure has mature then, there will be mass adoption. Just because the price went down does not mean that underlying instrument, Behind (BTC) technology ceased to exist. I also understand we have to go through the regulatory framework In order for us to get More institutional investors and the masses Into our crypto sphere. So I say be patient my friends. Remember, in order for any commodity to have intrinsic value, Institutions and the masses would first want to see the overall value it could potentially bring into their Portfolio and life. The so call, what is in it for me approach.
To conclude, My initial stands for what Bakkt is actually doing is quite brilliant. They Essentially are creating a Fiat gateway for Investors, Merchants, and Consumers. This will permit institutions to buy and sell physical (Bitcoin). Bakkt is essentially becoming the middleman. Hence, Bakkt is becoming settlement layer for payment provider similar to; (VISA INC) (V) and (MASTERCARD INC) (MA). Bakkt is effectively removing the volatility which we Experience for merchants by settling payment off-chain after each purchase. Having an established player such as (NYSE) in the ecosystem Supporting crypto brings in credibility to the space. Bakkt could essentially bring in new businesses that would have elected not to participate in the crypto sphere due to the volatile nature i.e., (Starbucks), but would like more Consumer base and Increase revenue. Always take into account Transactions bring value Not speculation. Reason why the true value of any token or coin is mainly predicated on the Masses Utilizing the network, which in a sense could create a network effect i.e., (Facebook).
Be sure to Follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People...
ICON (ICX) Bullish Divergence, possible long.ICX has been on a freefall for the past few weeks. However, each time the RSI reached oversold we have had a small bounce. This could be another one of the bounces.
Signals:
Bullish Divergence on 1 hour
A bounce from support
Buy in:
1472
Sell:
1500
Stop loss:
1454, where the previous support has been. If we bottom out here it could be anywhere from 1-6% over the next 2 days.
ICX If this crypto-world was growin i accordance to Moore's Law Something fun ICXBTC... 5years from now, you will be happy you invested into ICXBTC.
Note: This is for fun, there is no in hell this trend is going to happen this way..
If you like this dont forget to follow and like this post...
Happy Trading
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.
ICX is ready for the big jump!Hi Tradingview!
I decided to post my ideas. I'm doing it just for myself, but if you'll find them interesting, Welcome!
Back to the BITHUMB:ICXKRW , as you know BITHUMB:ICXKRW second highest volume market for ICX. That's why we're looking at BITHUMB:ICXKRW , not at BINANCE:ICXBTC . We have broke support zone at 3850-4000KRW and went down through 0.5 Fibonacci, it might be false breakdown, but we should be careful about it. May be someone wants to buy the dip before another good news.
Also it looks like 15 EMA is going to cross 30 EMA, it's a bad sign.
Anyway don't do dumb moves. Wait before the trend is confirmed. If you like taking the risk, you can try to set buy orders around 3291KRW which is also 0.618 Fibonacci. But I'm waiting for the bounce.
Good trades to all of you!
ICX - 200% in 38 days - Really high possibilityHello,
I'm sure you've heard the partnership news with ICX and Line, as well as Samsung pay.
Right now ICX is undervalued compared to other top 10 coins such as EOS. I'm expecting that ICX will hit 200% profit within a month from now. Target is indicated in the chart.
~DCFreak
ICON (ICX) How far can this rally go?BTC tanks to 8500 while ICX pumps to 4800 from 3900 satoshis. What happened? Ever since the RSI has dropped below 40, we have seen a decline, but that does not mean ICX cannot rally back to previous levels.
Likely Cause:
-The ICONest Webpage Launch was today
-Strong bounce from big support level
Buy In:
4500 satoshi range
Price targets:
4737-4800 satoshi range
5200 satoshi range (unlikely)
Stop Loss (Highly recommended)
4498 satoshi level
This rally can continue if volume keeps climbing. ICX holding past 4700 is going to be quite difficult. If it plateaus or we see bearish divergence, I believe selling out is the right move. This trade is very risky and I highly recommend the stop loss. I started posting this idea when ICX was 4500, and in around 10 minutes it rallied to 4600. Pretty crazy.
If you have any comments, please leave them below. Thanks for viewing and good luck in your future trades.
Not so fast ICXThats a nasty HNS (not shown) forming thatll break us out of the ascending wedge. Two negatives dont make a positive though.
I think it retests the accumulation zone (shown as green parallel). Either way, I dont think this is worth a hold right now. Bulls have gotten rejected by that supply (red parallels) line several times (about 4x on daily).
The only real positive i can find is the basis line seems to be holding on bollinger bands - not shown.
ICX Breakout soon!All Breakout indicators aligned.
My expectations are (short term):
Target 1: 51k sat
Target 2: 56k sat
Target 3: 61k sat
Higher is Possible but if we look at the charts history it bounces at allmost every resistance
In my opinion ICX is very undervalued and ready to see a new ATH -1.62% soon and it wil not stop there.
Comments are welcome and normally the drawings on the chart speak for itself .
I'm just starting to publish my TA's at Tradingview and planning to do these more often, if you like these? Do follow me.
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BTC: 1NWXeH6GHSEVG7wjZEMEmLvwu2KjJMau2