Icxbreakout
ICXBTC - Bull flagging on the 61.80% retracementTo note: no long term channel has been established yet due to how new this coin is, meaning that there is risk involved dealing with it; akin to investing in a startup company. However, fundamentally ICX stands above most other new alt coins due to the sheer amount of partnerships they have.
MACD and RSI are looking alright and ICX is undervalued due to BTC value tanking. Breakout is yet to occur so a better entry can be found within the flag or above it for confirmation.
Looking good on the 12 hour chart. Dancing on top of the 61.80% retracement and has yet to break the 38.20% speed resistance fan.
ICX/ETH predictionABCDE Elliot waves breakout. I expect the E wave to be equal to the A wave length wise. The E wave will bring the price as seen in the graph (in ETH).
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Breakout op basis van ABCDE Elliot waves. De E wave is even lang als de A wave (verwacht ik), en zal de prijs naar de aangegeven prijs brengen (in ETH).
ICX "Cup and Handle Formation", Bullish Signs Indicate a RunTaking a look at how ICX has retraced from its ATH, its retraced and bounced of the 61.8 Fib level, indicating a strong support level in the 61.8% and 50% retracement range. Taking a look at the RSI, ICX bounced off of the 61.8 retracement forming higher lows indicating a bullish divergence. The MACD also looks promising showing a bullish divergence which could cross towards the upside. All these signs alongside a RSI sitting near the 50's increase a probability of a move towards the upside.
ICX/ETH - Trend Reversal 1 Day ChartBINANCE:ICXETH BINANCE:ICXBTC BINANCE:ICXBNB
Easy day chart for ICX reversal.
ICX/ETH - Possible Reversal SoonICX is heading towards a correction here shortly most likely. Keep a close eye on it. I would think buying in this low is a safe bet for now. It also has some support a little lower.
Ticker: 15 minutes (Always double check with the 4 hour then 2 hour then 1 hour then 15 min then 5 min in that order)
Chart: Fibonacci indicated we should see a reversal soon to some extent
Chart 2nd: Boll bands also suggest this
Chart 3rd: Moving averages favoring reversal soon
First Indicator Chart: Volume - we need this to go up above the EMA/SMA white line you see which may happen here shortly.
Second Indicator Chart: RSI + Built in Moving Average - This is hitting a low indicator and has MA favored
Third Indicator Chart: MACD / Double Confirming 2nd indicator also favored right now
Fourth Indicator Chart: RSI + Buy Signals + Sell Signals New Lows (this one is great this is the two huge red bars which basically anytime you see two new lows back to back it basically hints the reversal is soon since it would be atypical for it to have more than two back to back.
ICX/BTC 400% HEALTHY MOONICX is working these FIBs like a charm, if we look at the FIBs in red on the chart we can clearly see a pattern. It reached the fantasy 4.236 FIB then retraced a bit lower than the .786 Retracement FIB. This market seems to do that, it retrace slightly LOWER than the .786 which is unusual but they've done it many times now so the unusual pattern is becoming the usual for the market. If you guys compare the red fib level (after it reached the 4.236 FIB you will CLEARLY see a very similar pattern to the current support/resistance level (0.0006671 - 0.0008479). This trend is also backed by 3 touches on the trend line (yellow bar). This is a VERY healthy chart to me.
Buy zone: 0.00075 area
First target: 0.00135 (you should exit here if you dont want to gamble and/or aren't an experienced trader)
Second target: 0.00170
Possible fantasy target: 0.00223
A bit of Fundamental Analysis as well: ICX is only available on Binance and we all know what happens to coins when they are added on big platforms like Bittrex and Poloniex.
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Let me know what you guys think im the comment!