ICXBTC
Icon - Testing Downtrend from July '18 (ICXBTC)Liking this setup here for ICON (ICXBTC) for a mid~long term play if we can break trend.
We are currently testing a daily downtrend from JULY of last year and are 98% down (jesus) from all time high in BTC. This has been one of the worst performers in the alt coin bear market and could finally be ready to turn it around. This one can be a slow mover so I would enter this trade with a longer term mindset.
Entry: Daily close over trend line (195~200 area)
Stop: 4~5% from entry
Targets :
240 (short-term)
286 (mid-term)
404
490
Good luck!
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Tips: RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ
ICX & STRAT BIG Long OpportunitiesPerhaps my finest charting achievement. probably ever.
this is one of those situations that you shouldn't have to think to hard about.
do you have $50 somewhere? There you go.
Feel free to drill down into daily, 4 hour, 1 hour... the clues are there.
Potentially the Bottom for ICXIcon team are working hard on the project and with many good news coming this month and onward's, like the upcoming staking and P-reps election, many will want to stake their ICX stack which would drive the price upwards.
I strongly believe ICX/BTC pair has finally bottomed out and will start up-trending.
Levels to watch are the ones highlighted in the chart, we might not break 1200-1350 at first, or who knows that might be the top and ICX will go back to down trending and reach new lows.
Setup:
Buy 190-210 Stop loss 185
Profit target 1# 500-550
2# 650-750
3# 1250-1350
Of course this is just my opinion and observations, please be careful and do your own research when buying any Alt coin.
ICX first reversal signBreaking slowly out of downtrend is ICX first reversal sign, possible bullish reversal soon if the RSI and MACD resistance can break.
Wide spread target between 400 sat ( previous support) and could even wick to 550 sat ( launch price when added to binance ) and this in the very short term, long term i'm more optimistic and staking in august is allmost there.
ICX is now consolidating for the second time in a all time low and i believe it is almost done.
This is not financial advice, just my opinion.
Good luck
ICX Setup (ICXBTC)Looking to enter ICXBTC here in 0.0000266~0.0000272 range. Over the past few days we've broken out of the downtrend and successfully back-tested. Closed above the valley at 0.0000271 and now forming uptrend.
This ones a big of a slow mover lately so might take a few days to climb but looks pretty low risk and potential for breakout soon as we've been stuck in 250~300 range for over a month. Laddering up from 0.0000261, setting stops below here.
Also on the FA side there is staking coming up in August so this could be in for a quick pump if Binance announces support. (see $KMD, $XLM over the past few weeks)
Entry: 0.0000266~0.0000272
Targets:
0.0000288
0.0000339
0.0000404
$ICX, Bouncing in a tight range with many touches $ICX / $BTC
Bouncing in a tight range with many touches between ~250/300sats
Currently sitting on this strong support, aiming for a new ride to the upside as sell pressure seems exhausted.
UCTS Buy signal on the 6H.
Falling below support is an out ofc.
#ICX
ICXBTC - Keep an Eye, Dont buy yet#icxbtc
Too early to say if ICX has bottomed yet. But we can see some early reversal signs. Wait for the Breakout & wait for Bitcoin Dominance to cool down. Keep an eye on this one. May help you make quick 50-100% if and when we break out of the zone.
One of the reason why it caught my attention today is because on a day like today when most Majors are down against BTC, ICX is surviving the onslaught
$ICX, Potential double bottom pattern$ICX / $BTC
Potential double bottom pattern as it leaves the accumulation zone at ATL BTC level & crossing over 3ksats resistance
Volume flowing in
UCTS Buy signal on the 6H
RSI about to enter overbought
Not many stops from here to 4K as potential 1st target
#ICX
ICX > 700% PotentialI will be the first to admit the recent bullish gains over the market have been surprising. If this trend continues then I predict that soon ICX will receive a massive bull run of it's own. The ICXBTC trading pair is at new ATL's, which is risky but also very rewarding if my prediction is true. Do your own research on this Korean project and you will see that they have been hard at work and it is only a matter of time before the price catches up to the potential.
My position is currently switched to long and I plan on holding that position as long as the market continues to look healthy in general. I will continue to purchase as much as possible each time the price dips. Do you really want to miss out on massive gains?
Timmy!