ICXBTC
Double Bottoms going to form; BUY OPPORTUNITYA clear double bottom going to form on 1H chart of ICXBTC
As you can see on the chart, Bottoms are on 3666 area which is bottom of ascending channel as well, so that area is a strong support.
Neckline is on 3740 area, first and short term target is 3818 but ICX has a good potential to rise up to top of its ascending channel in mid term.
So dont miss this good buy opportunity and grab some ICX.
please hit the like to support this idea
ICX Multiple scenariosICX has to make a move very soon
Now, what do we see?
Big picture shows we are at the end of the triangle, so a big move is just a matter of time.
Bearish signs:
* Ascending wedge (66 days)
Low volume
Overhead MA resistance (MA 20-100)
MACD trend is down
Neutral signs:
RSI straight at the 50 level
Bullish signs:
* Bullish pennant (114 days)
Above and supported by MA50 and MA200 support
MACD and momentum possible trendchange
Advice: no trading zone at the moment.
- Set your SL tight at the bottom of the triangle or under the MA50
- Set your alarm at the top of the triangle and get in poistion when it breaks above
ICX/BTC BREAKOUT? [ASCENDING TRIANGLE + FALLING WEDGE] On LTF, we see that it broke out of and retested the ascending triangle it was painting.
The measured move for this is not large, about 10%, however breaking out of the more dominant falling wedge is significant.
If it decides that it wants to break out it should go much higher than 4.1k sats, at the very least retest the top at 6k.
We will need to be patient and see if they want to send it. Books look somewhat thin.
ICON is primed to make HUGE gains - over 2500% GAINSIcon is one of the gem many has yet to realise. This is the Korean ETHEREUM. Icon is the only one that is worth mentioning in KOREAN market as of now. LITERALLY can own 50% of Korean market when this matures as Icon is already working with huge enterprises and Korean governments now.
One reason i say this is because it is building an STO platform. this platform enables publicly listed or even SME companies (ANYONE) to join Icon network to launch tokenisation services.
And STO reminds us of ICO. what ICO helped ETHEREUM make 10000% gains.
So in long term outlook, icon can do this gains, and a wider and more regulated light.
Right now, Icon development for STO token standard is completed.
We are only waiting on STO smart contract(stabilization stage) and official STO platform in ICONest 2.0 (in development).
31st May 2020 is their next update on development. Of course STO is the only thing im mentioning here, Icon has also recently partnered LCX, which is an STO platform regulated and partnered with World Economic Forum! This is a hint for you guys.
What the chart means?
This means, every $1000 invested into ICX can potentially make you $25000. or 25X your Bitcoin holdings.
MACD in Long term is looking BULLISH! and you know when weekly shows bullish, icon can jump up to the sky. If you are not a trader and long term holder, this is def a good one to get on IMO. 100 million Market Cap for ICON is just a dream. this can go up beyond 10Billion in a bull run
This is just being conservative when it reaches near ATH of last bull run, and we know once bull run started, prices goes crazy up. and another 100x from here is not unachievable. which means every $1000 into ICX can make you $100000.
This is also under a hedge fund manager Buy Up to list of $5 currently and in a bull run its going up and beyond. Current price is only a small 0.30 cents. an easy 10X SHORT term. The chart drawn can happen sooner if development and partners start using ICON Platform. a true gem to watch for.
This is just my opinion. DYOR
$ICX, Crossing over ~3250sats level w/ spike in volume$ICX
Crossing over ~3250sats level w/ spike in volume
UCTS Showing Buy signals across all LTF (15% up since 8H signal)
Willing to see a potential R/S flip at this level as continuation toward ~4k sats similar to what happened before as you can see in the chart.
#ICX
ICX Possible ScenarioIcx could break out of this descending channel and have a big move upward if bitcoin is making higher highs. If bitcoin falls lower over the coming weeks I would look to to see if ICX tests the mid line of the descending channel, or bottom support of the channel, or even break through and move down to test the .786 fib retracement of the move from Jan 10th to Feb 4th.
LONG - ICX - Trading OpportunityBINANCE:ICXBTC seems to have bounced perfectly from previous support, starting what seems to be looking like the start of a reversal, managing to claim back the MA50 on the 1h chart.
Entry: 0.00003090
Target 1: 0.00003369
Target 2: 0.00003596
SL: 0.00002977
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ICXUSDT: Bought spot, targeting $0.45Bought some spot (!) ICX here, because on weekly it looks kinda bullish for me, as in his previous growth in January.
So, I'd like to get a share, because historically if it moons to $0.45 after it breaks $0.3.
Alternatively, with less risk, you can wait and buy after the retest of $0.3 level.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.