Good time to buy on a pullback before next leg upThe past few days have seen ICX go on a tear. Today we have seen ICX drop from around 988 sats to the sub 900 range. It could potentially reach the 8 or 13 day moving average (in a wick) before moving back up based on previous price action. I am buying this retracement. Stop loss is set below 13 day moving average on the daily.
Good luck!
#icx
#icon
#$icx
$icx
#iconusd
#icxbtc
#btc
ICXBTC
ICON will it have the legs?ICX has been good to us lately how ever we dropped our trade at that level of resistance there at 750 a week ago with the intentions of buying back on a descent retrace.
It didn't drop far or have any major reaction to the BTC dip the other day and bounced off the 38 already and is already testing those highs again.
We may have to run 2 different strategies here with this, if we can break this last high i can see a fairly impulsive move to that level of supply purely because of a lack of market structure to the left so i will be looking for a break out trade and trying to catch that last 30% or so.
On the other hand on the smaller time frames we could be heading for a double top rejection here and heading back down for that retrace we are after and hopefully its descent enough to come back down to around the 6300 sat mark for a nice bounce off the 618.
CCI looks like it may be geeing up for another push but it also needs a cool off from the last swing high imo.
Accumulation and Shakeouts - How To Predict A Potential PumpMy First video idea. Just wanted to talk about something I've been observing in the market recently. This is how I was able to predict the recent ICX and ONT rises.
Hope you enjoy!
This video is not financial advice --- meant for educational purposes only!
-Victor Cobra
Bullish Weekly Chart on | $ICXBTC |Technical Setup in play as we have a confirmed 3-13 ema bullish weekly cross-up plus were printing green bars which says volume is picking up and this uptrend is in play.
ICON is looking great for a swing back above 1000 but you never know when that momo kick in it could see much higher trading prices. Look at the fib retracement for possible answers.
coinmarketcap.com
icon.foundation
Prices as of 3/7/19
$0.325929 USD (14.43%)
0.00008325 BTC (14.35%)
Market Cap
$154,296,969 USD
39,413 BTC
Volume (24h)
$33,725,266 USD
8,615 BTC
Circulating Supply
473,406,688 ICX
Total Supply
800,460,000 ICX
Looking for new Local highs... After the breakout from the bull flag with great volume $ICX reached to break over EMA100(red) & retested it with success after a small pullback.
Now an ABCD could lead us to test ~842sats weekly res.
MACD looking strong, RSI is entering overbought levels.
UCTS Buy signal
Retrace before next step up on ICXTwo nasty inverted hammer candles on the daily which signalled a sell off. Good time to buy right now as the price line is failing to get through the 8 day moving average. Potential 9% short term gain if longing from here to the previous swing high. Would put a stop loss at the 13 day moving average. Considering the daily is now in an uptrend I would be careful shorting here!
#icx #$icx #icon #icontechnicalanalysis
Icon (ICX) Long SetupICXBTC has been absolutely HAMMERED during the bear market. However, I've noticed some positive news recently for this coin, as well as a massive increase in volume. While I didn't catch the extreme lows, there is still plenty of potential upside. I'm practicing some VERY SMALL trades with high reward possibilities in order to build a trading stack from scratch. I've started out nicely with my BAT trade, that generated a 40% return right off the bat (no pun intended).
This setup is as follows:
BUY if we break above the ascending triangle resistance (around 735 to be safe)
Targets:
860
924
1028
1400-1500
This setup will be INVALIDATED if we break below the ascending triangle support and if we go below 675.
This is not financial advice. This is a trade that I'm currently in, with a very small position, just to try out some strategies.
-Victor Cobra
ICX/BTC Long1-Technical analysis:
#Classic Analysis: price is in historical supportive zone
& broke out 2 downtrend lines
#Indicators: chiko & span B cross
and kumo cross in Ichimoku indicator
2-Position details:
*Entry:After green zone’s breakout , get a good trigger in lower time frame
*Stop loss= 0.0000507-0.0000538
*Take profit 1=0.000107-0.000111
*Take profit 2=0.000138-0.000143
*Profit/Loss ratio= 1.2 minimum (based on TP1)
ICX is 50% profit in short termGuys, been calling how much profit potential ICX is for a while and the bottom from the last dip has been rounding off nicely. We have found support on the daily 25 and 50 EMA and now looking to attack the 100 DEMA and 200 DEMA. I expect a minor pullback on the daily from the 100 DEMA intersection but a more substantial pullback on the 200 DEMA intersection. I am not one for setting exact targets so far away from the event as crypto is very dynamic imo. I will update this idea with confirmation pushes. Thank you.