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ICXBTC

Potential Cup & Handle forming on ICXBTCHello World! Quick little analysis for you. Again, I believe that BTC will retrace soon, and with it the rest of the market. ICX hit a double-top which made it oversold and triggered a retracement. I think this will continue to the 2nd uptrend support & 0.618 Fib Level. This should create a nice size for a 'handle'. Upon completion of the pattern, my target would be the breakout 1.618 Fib Level. ICX also has a strong catalyst that can fuel this rally. The 'Main net' releases around the same time as the breakout and should be a major catalyst for a nice bull rally. So, the plan is to stay out until it reaches the first target (bottom of handle) and then to HODL it until the end target. Don't forget to use stop-losses! ------------- My nickname is 'Wolf'. I was a fairly popular #Crypto trader on Twitter reaching over 130K Followers before getting banned from the platform for trolling to much. I have since 'rebranded' to a more professional image and have left the Twitter-verse to branch out onto more social media platforms such as TradingView, Facebook -3.39% , Discord, Telegram, Twitch (twitch.tv/thewolfreloaded), Medium (medium.com/@wolfreloaded) and others that I am currently working on creating. Hope you enjoy my content, cheers! I charted these live on my Twitch stream. 4/24/2018
by TheWolfofPoloniex
7
ICON at Strong Resistance |Can it Break Through 15% Gain? ICXBTCICON is one of the strongest decentralized platform projects, supported by the South Korean government and have good news at the end of this week. ICX - Upcoming Events 30 April 2018 ICO Platform and IISS launch Validation: 853/903 30 June 2018 ICX/ETH Decentralized exchange Validation: 546/570 Now lets look at the technical analysis; 48.3k satoshi is a strong resistance point supported by historical ATH. If a breakout with good volume comes into play, we can see 57k satohsi values. Enter the trade after you see the aforementioned breakout! Disclaimer: This is not a financial advice Note: You can follow our alert channels and all social media groups by searching CryptoCholics in the Internet.
Long
by KaptanFantastik
ICON - Buy Opportunity - 98% ROI - 25:1 Risk/RewardReasons to buy using a LIMIT should price re-test the consolidation zone: 1. Valid break-out pattern with a clear consolidation zone 2. Consolidation occurring at the upper trend line of the larger break out pattern 3. Multiple break out patterns to the upside that have reach profit targets 4. Increase in volume prior to break out 5. High return on investment (98%) with massive 25:1 risk/reward Investors that follow fundamentals will know there is upcoming news for ICX. Enjoy. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Long
by hedgewithcrypto
ICXBTC - Adam and Eve Double Bottom PatternICXBTC looks to be completing an Adam and Eve Double Bottom Pattern. This is essentially a double bottom where the left valley is steep while the right valley is rounded. The only issue is that the right valley did not reach quite as low as the left valley. Completion of the pattern signifies a full reversal from the downtrend and projects an additional breakout the height of the middle peak. So about 80% profit potential from the breakout point of 47000 SAT. Other indicators are looking strong as well on the Day Interval Chart. The RSI has climbed above 65. RSI between 65-68 has been an area of resistance in the past. It would be very bullish to break through 68 to 70+ which is likely what will be necessary to complete the above-mentioned pattern. Additionally, the MACD has just crossed the center line into positive figures. Things look good. I am in already with a tight stop loss just in case it does not complete the pattern. If it does complete the pattern, then expecting a day or two of consolidation sideways before heading to the target above 70000 SAT.
by bonesca
Icon - ICX (20%-50% gain potential) Cup & Handle FormationWe are seeing a cup and handle formation here on BINANCE:ICXBTC , though it's very choppy until we hit the hourly chart. It's still enticing, and it has held up since I first noticed it forming. The resistance at 4710 is a very good decision point. If we can reach that resistance, a test will give us the answer, if we can expect more than a 25%+ gain, or if we should take a 10% profit and exit. Once we reach that resistance level, I'll enter a stop loss about 1-2 percent below it at 4600 so we can lock in profits and exit if we are rejected. That would create a double top and the rejection would invalidate this analysis. An extended fifth wave (on the sub wave) would blow through that stop and open us up to 5200 to 5500 sats in relatively short order. This would play out over 48-72 hours, so we should have time to watch it closely and adjust as needed. At the macro level, the sub wave makes up primary wave 3. If we break through the resistance, we'd see wave 4 retrace to the resistance, now a support. A successful support here would open us up to another entry, and we could see another 20% or more on the wave 5 run. The entire larger wave sequence would play our over 4-5 days. (I had a MUCH better analysis written here, but Trading View like to delete my hard work ALL THE TIME! Charts that take 3 hours are deleted as if they never occurred. So this is not nearly as detailed. My apologies)
by jessesfeinberg
ICON (ICX) Cup and Handle! - ICXBTCI just realised that there appears to be a cup and handle forming for ICX, also it's on the verge of possibly breaking out of its long-term trendline . Furthermore, Icon's ICO platform and IISS will be launched sometime before 30th of April ! It's a great time to buy now, due to all these 3 reasons I've stated above, and if it for some reason doesn't break out of its soon approaching trendline, just sell and buy back after it's dip. Good luck. and remember, Patience is paramount!
Long
by PatienceIsParamount
7
ICX on verge of breakoutCheck out Icon/Bitcoin - ICXBTC Purple arrow is the tread line. As you can see, we're at the end of a long consolidation triangle and the price is currently sitting just below major resistance at the .382 Fib line. I expect Bitcoin to break over $9K and head to $10-11K targets and once this happens, expect the alt coin market to complete their 5th wave up. Price targets are in the boxes on the fib lines. Top end target is 1.618% of previous high but that could take an additional cycle to achieve.
Long
by jdharward
ICX/BTX Daily chart looking good to go long.ICX/BTC has been in a heavy downtrend since January 30th. We have seen a selloff to almost the 0.718 Fibonacci retracement level when calculated from the overall first impulse wave up. We recently broke out of the downtrend on the daily chart with high volume and looks to be forming a cup and handle pattern. The right side of the handle has at the time of writing, come down to an ideal level in the upper third of the cup structure. If it drops below 3864 sats with conviction I that would be something to keep an eye on as a possible failed pattern formation. Other indicators such as the exponential moving averages show that we are going to be seeing a uptrend for the medium to long term. The 55 day moving average has nearly crossed below the 21,13 and 9 day EMA's. The RSI on the daily is showing bullish divergence and the MACD has crossed over on the negative side after being there for a while. The 12 and 26 day moving averages on the MACD are starting to fan out and moving to the positive side of the histogram which is a nice bullish indicator. This technical analysis combined with Icon's upcoming ICO platform release, staking news, token swap and other potential partnerships and news over the coming months shows that ICX/BTC has the potential for a nice bullish run. Any advice or comments would be appreciated :)
Long
by broimjoe
6