BTC UPDATEAfter break out our rectangle (blue box), BTC is dropping to test it and this rectangle now become our support.
In my opinion, I think BTC will sideway about 2,3 days
ICXBTC
Bigger picture, we drop some more.RSI 4h say we heading to re trace nearly all the gain and BTC do the same.
$ICX CHARTING - 15M- TEST #1FOR MY EDUCATION/CHART LOGGING/POST-ANALYSIS.
PLEASE FEEL FREE TO ADVISE.
HERE TO LEARN AND EXPERIMENT.
Trying to figure out all the tools on the UI on my own, for now.
I'd appreciate any feedback/tips, etc. TY!
I think we are still heading down.Look like is trying to make inverse H&S but that would take it out of the triangle. If that were the case then I would jump in on the trade. But for now, as plan, still descending toward 10,500 SAT to finish off the last wave.
ICX Strong Buy - Sept 2018 After dropping nearly 30% in its most recent drop (early July), ICX has been recovring and building a strong base. Expect bullish reversal continuation and a climb back to regain lost ground over the course of Sept/Oct 2018. This is under the bias that the market has bottomed and as a whole is reversing to the upside for end of 2018.
icxbtcThe opportunity for ICX is to make a fifth wave. It has been following the rules of EW and a last push to around 1500 sats is possible. ICXUSD has touched the 1 dollar resistance multiple times and if BTC would succeed to make a last push, a fifth wave and a push through this 1 dollar resistance could be possible.
Trend Analysis. Icon look good.When the price move in the bullish channel ,the target will be 1600 satoshi
The support level is 1220 satoshi
ICX in a descending wedge - looks like a possible break upwards You can see the descending wedge in the chart which it has been respecting and within the next 24 hours or so it will make a decision on where it wants to go outside of the wedge. Generally these wedges see a break up. Volume is decreasing as it's consolidating as you can see from the light red arrow on the volume bars.
Initially from the jump it was forming a bull flag which looks to have changed into a wedge. The jump might not be as high as my target there - it may only reach halfway up since bitcoin is nearing resistance. I'm going to set a stop loss at entry if/when the breakout happens
Like the analysis if you found this useful.
Icon - no hope short term.Let's assume bitcoin stays the same at level 7200 then we have a bit more down in this slow ass pace.
Otherwise dump as hell to this support line at 27xx level.
for now that's short.
ICON retested succesfully on daily chart, good R/R ratio entryShortterm trade due to this good bounce:
Action on shorterm:
Entry: 1270s
Target 1: 1760s (resistance on weekly TD sequencial)
Target 2: 1980s (abit lower than lowest point of March monthly candle)
R multiple: 2.5s + (100 USD betting get 250+ USD)
Longterm trade: Starting to accumulate ICX in longterm (for the next bull run in 2 - 3 year), some catalyst
- The projects deliver good partnership and stand as prominent public blockchain choice in Korea
- ICON announces the plan to buy back 5mil USD giving their optimistic view on their own project
- Price is in the All-time-low range before ICX exploded last year, down 90% from ATH
- Selling pressure runs out on longterm chart (3D or Weekly chart), price temporarily formed bottom, but could keep going down due to aggressive shorterm trader selling pressure, not longterm holder selling pressure
Action on longterm: Accumulating for 1 year price range from 1200 - 300s, target a bit lower than ATH 6000 - 7000s, no stop loss until all the dev team of the project gone
ICX is forming Elliot Wave!Hello everyone,
as you can see in this post we focus on ICX which is making a nice setup for Elliot Wave.
ICX has gained huge volume. This volume has not been here before. Even though BTC goes sideways ICX keeps going up. That makes this coin independent on BTC which is a huge advantage in comparison with other altcoins.
In the graph, you can see the green (thick) line which is the support line. The coin should bounce from this support line. If not there would be a free fall down.
If you are looking for a good enter we recommend you to put a buy order around the green line with a thin stop loss below the support line.
Hope you like the idea.
If you want to add a comment write it below the chart.
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[ICXBTC] LONG - ICON Returns with Ledger Support [250%-550% PP]Let's start with the charts; On your left hand you have the daily chart and the weekly on your right hand.
- First, you can see the profits potential on the weekly chart based on ICON (ICXBTC) current price vs its April's peak and January's 2018 all time high. (Long green bar).
- NANOBTC created a new low at 0.0000767, followed by a strong bounce.
- Bullish candle on the weekly time frame, good volume, positive upcoming events and market dynamics support a move to the upside. So let's start a trade for ICON right away.
ICON upcoming events
- 31 August 2018 (or earlier)
* Ledger Support - "Ledger support will start next month and we will announce the exact date as soon as the date is finalized."
ICON (ICXBTC) targets for Alan Masters Trades
(1) 0.000162
(2) 0.000196
(3) 0.000253
(4) 0.000300
(5) 0.000346
(6) 0.000412
(7) 0.000496
Buy: 0.000115 - 0.000128
Stop loss: A drop and close below 0.000103 on the weekly time frame closes this trade.
GOD BLESS TODAY
Thanks god for this day, today!
Thank you for another day of grace.
Thank you god for another wonderful day...
God bless today!
Namaste.
ICX may outperform BTC in SeptemberIm anticipating more ETF delays and denials next month, ICX could use that time to bear flag... I will probably use a stop around 950 sats incase BTC whips out it's huge green dildo. My entry will hopefully be 10%-15% lower than current price... Be greedy on every entry always!
