ICXBTC
ICX / USD - ICON - Analysis, Big Wavecount & potential TargetsICO price was 0,105 $ where my wavecount starts. monthly supportline drawn as bottom of the decending wedge. the fundamentals in this COIN are very good as they have a hughe network. i personally think its not that likely that we will see the ico price once again in the next few years.
ICXBTC: BOTZ Sell Off - Protect Your Capital & Wait ConfirmationHI All,
Hope all your trades are going well.
Focus on The King: BTC Trend: before you decide on whether to Trade or not.
Please don't trade on leverage.
We have too many bearish factors which could potentially hinder any rallies.
Also there are zero correlations to any negative news factor nor Catalyst Wish could've initiated this sell off, hence - BOTZ.
If you are looking to HODL ICXBTC then go ahead.
However if you are looking to trade, please stay on the sideline and wait for confirmation before entering ICXBTC trade.
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People...
ICXBTC 1D Inverse chart: This is not the time to be trading, because there are just too many unknowns.
BTC Chart 1D:
BTC Inverse Chart 1D:
ICX BTC WAVECOUNTSHere is my attempt to count ICXBTC in detail. ICX is actually making weird moves since today, that lead me to believe that we may finised another big wave.
I cant tell how deep wave 4 is goint to retrace and if wave 5 is going to fail. Take BTC movements into account for further prognosis. What shows up here is that we seem to bottom with wave 3 @ 1.618 at the bottom of the green zone. and as we didnt retrace much in wave 2, wave 4 may retrace higher.
ICON (ICX) Bullish Divergence, possible long.ICX has been on a freefall for the past few weeks. However, each time the RSI reached oversold we have had a small bounce. This could be another one of the bounces.
Signals:
Bullish Divergence on 1 hour
A bounce from support
Buy in:
1472
Sell:
1500
Stop loss:
1454, where the previous support has been. If we bottom out here it could be anywhere from 1-6% over the next 2 days.
ICON - Something is on the making Endless freefall for ICX, but we may be near the bottom. We are on the low side of the channel, and you can see that the volume is decreasing, I don't know if BTC is draining volume with ETF hype etc, but this could be a sign that something will happen very soon. I'm expecting up movements here.
$ICX Measured MovesBeen noticing a lot of measured moves in several alts lately. Bottom could be in, but if $BTC continues to move up I could see a retracement to the 1364-1464 happening. I absolutely do not see $ICX falling below these levels. I have been laddering slowly into a short/medium term swing position since around 1780 SATs -0.53% . A retracement to these levels would be around one of its 38% moves down as shown in the chart.
ICXBTC Cup&Handle and Descending wedge breakoutICX has been oversold for a long time, the indicators show a high rebound probability.
On a 30-minutes timeframe there is a bullish reverse indicators and cup&handle formation which is going to be finished soon.
On a 1-day scale, you can see the formation of a descending wedge, a pattern indicating the end of a downtrend and the possibility of breaking through resistance via a strong bounce which opens a way for further growth.
From current levels, we can jump to the resistance, which is marked on the chart. This will finish the pattern and will indicate a bullish breakout from the long term descending channel.
When this happens a regular correction will occur and we will start a swing trade strategy. Once the price consolidates around Fib 0.618 - Fib 0.5, it will be possible to open long position according to the rest targets which are in the Premium channel.
We remind you that under the current state of the global crypto market, each position carries a high level of risks. Although this trade recommendation has low risk according to our classification scheme, do not follow emotions and "animal spirit", open only the position you are able to manage and track, use a stop loss. If the market goes below support, then the correct decision will be selling on the rebound and then buy again at lower levels, this will provide an opportunity to sell at previous entry order with profit. Be careful and keep tracking BTC and your opened alt positions.
ICX Compared to NEO (Antshares) "In the Beginning..."Everyone upset about price drop in ICX clearly didn't watch volume.
NEO price went down with its declining volume when first added to exchange. The price then picked up POST-volume Increase.
ICX, when added to Binance, shot through the roof, EVEN THOUGH volume dropped off a cliff. The coin is a winner, but that was no reason it could not be artificially pumped (and at a horrible time, as of which you are all well aware now.
Brighter days ahead, to those who meme "hodled" so far.
ICXBTC: What do you think all?Hi All,
Icon ICX Analysis: Using a Swing Trader Mentality.
Uptrend to 0.0002326 or Downtrend to 0.0001800...
60/40 split: Reversal to Target#1 0.0002336 & Target#2 0.0002790
ICXBTC has broken its Solid Support @ 0.0002056, Freefall to ICXBTC : DownTrend...
Traders are risk managers and should preserve our capital...
I'm a firm believer in the ICXBTC project and these are great entry prices...
This is not Financial advice...
Always have a checklist before entering any trade: Long or Short...
1. The Trade setup 2. The Entry 3. Initial Stop Loss
4. Exit and Trailing Stop 5. Capital size willing to risk
No Objectivity or Emotions when trading...
There are only three trend which could occur within any market...
Individual Traders focus too much on trend-line...
Instead of the overall trend in conjunction with the market sentiment...
What I look for before entering any trade:
Uptrend: Higher highs and Higher lows
Downtrend: Lower highs and lower lows
No Trend: Horizontal or sideway pattern
Keep in Mind when trading: Not to be greedy: Use Trailing Stop Loss...
3-5 Bar Declines: it's an indicator to - Buy
3-5 Bar Increase: it's an indicator to - Sell
Don't forget why you got into the crypto sphere...
Only Buy Pull Backs in projects you believe in for the next 5yrs: Long...
Majority of investors are going to sell when they break even: Short...
I firmly believe ICXBTC will make higher high on it's all time high...
Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below.
Be sure to Follow me and like this post if it was helpful, and thank you all...
Like the Phoenix we will rise from the ashes...
Happy trading People...
ICON vs Bitcoin Slowly Moving UpICON seem to have found the bottom at btc 0.0002 area. Since 14th of June price has been slowly but steadily moving upwards, producing higher highs and higher lows.
While rising, on a correctional wave down ICX/BTC rejected the 2/1 Gann Fan trendline along with the 50% Fibonacci retracement level at btc 0.000215.
Icon has approached the 200 Moving Average, but failed to reach it. It is highly likely that on the next wave up, the Moving Average will be reached, the question is whether it will be broken or rejected.
If broken ICX should continue going higher towards either 61.8% or 76.4% Fibonacci retracement level. But, if Moving Average will be rejected, Icon might correct down, perhaps to test the btc 0.000215 support yet again.
$ICX/#ICX Great Risk:Reward Buy Here I love ICX here. With a sustained bounce for BTC over the past couple days and alts looking good, I think ICX will be one of the big beneficiaries of the next alt season. We appear to be bouncing from this accumulation zone and we are close to major resistance. Volume has been great showing obvious accumulation at this bottom. Would not be surprised at all with some huge gains for ICX in the coming months.