ICXETH
There is a trading opportunity to buy in Icon EthereumTechnical analysis:
. ICON/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0041 to 0.0034). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0041)
Ending of entry zone (0.0034)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0049
TP2= @ 0.0061
TP3= @ 0.0070
TP4= @ 0.0075
TP5= @ 0.0090
TP6= @ 0.0105
TP7= Free
There is a trading opportunity to buy in Icon EthereumTechnical analysis:
. ICON/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0041 to 0.0034). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0041)
Ending of entry zone (0.0034)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0049
TP2= @ 0.0061
TP3= @ 0.0070
TP4= @ 0.0075
TP5= @ 0.0090
TP6= @ 0.0105
TP7= Free
ICXETH - Wait for the breakout potential 30% profitICX looks very promising to make some good profit. First, we need to wait for the breakout of the pink triangle. The triangle must break with huge volume to call it a good breakout. All we can do for now is waiting for the breakout
ICON / ETHEUREUMHello
this is my simple analyse for
ICX/ETH
Flag Detected
Buy : 0.00468/0.0046
First Target : 0.005
Stop loss : 0.00445
if you are agree with my adea
comment and i will share more adea !
Good Luck For everyone
A long-term Trading Opportunity To Buy in IconTechnical analysis:
. ICON/ETHEREUM is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0050 to 0.0044). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0050)
. Ending of entry zone (0.0044)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0061
TP2= @ 0.0070
TP3= @ 0.0075
TP4= @ 0.0090
TP5= @ 0.0105
TP6= Free
A long-term Trading Opportunity To Buy in IconTechnical analysis:
. ICON/ETHEREUM is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0050 to 0.0044). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0050)
. Ending of entry zone (0.0044)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0061
TP2= @ 0.0070
TP3= @ 0.0075
TP4= @ 0.0090
TP5= @ 0.0105
TP6= Free
ICON (ICX) How far can this rally go?BTC tanks to 8500 while ICX pumps to 4800 from 3900 satoshis. What happened? Ever since the RSI has dropped below 40, we have seen a decline, but that does not mean ICX cannot rally back to previous levels.
Likely Cause:
-The ICONest Webpage Launch was today
-Strong bounce from big support level
Buy In:
4500 satoshi range
Price targets:
4737-4800 satoshi range
5200 satoshi range (unlikely)
Stop Loss (Highly recommended)
4498 satoshi level
This rally can continue if volume keeps climbing. ICX holding past 4700 is going to be quite difficult. If it plateaus or we see bearish divergence, I believe selling out is the right move. This trade is very risky and I highly recommend the stop loss. I started posting this idea when ICX was 4500, and in around 10 minutes it rallied to 4600. Pretty crazy.
If you have any comments, please leave them below. Thanks for viewing and good luck in your future trades.
icxbtc ICON Bitcoin 7 Risk Reward Ratio Potential 20% Profit We have completed the first two waves wave 2 is 0.618 fibonacci retracement of wave 1 as expected. Our Target for wave 1 is 1,6-1,75 Fibonacci Extension of Wave 1. Place your stop Loss carefully. If this plays out as expected you can lock in 20% profits.
ICON shows nice buy signalICXETH shows good pinbar after touching support at 0.0052 level. Profit targets can be 0.007 (70% of position) and 0.009 levels (20-30% of position)
ICON (ICX) Quick bounce up looks likelyHey everyone! After a 10.91% correction from its highs, another bounce looks likely for ICON as it is once again trading around support. This trade could fall through so I recommend considering a stop loss somewhere under the support zone.
Trade Signals:
-ICX hovering around 4700 satoshi's, which has been shown to be our current support level on the 4 hour chart.
-RSI is not falling below 40, and frequently hits 70, meaning we are still in an uptrend. If the RSI drops below 30 and is unable to hit 70, it may signal the start of a short-term downtrend.
-The Stoch RSI, which identifies short-term trends, is below 0.2, indicating ICX is currently oversold.
-We are still in an altcoin cycle, and people are still very bullish. Not to mention coins are once again reaching all-time highs.
How to trade:
Buy in:
- 4600-4700 satoshi range.
Targets:
5000-5100 satoshi range, where ICX was rejected twice.
5700-6000 satoshi range, which has shown to be resistance months before.
Stop Loss (If you decide to use one to reduce risk):
-Somewhere under 4700, but I believe the chance of getting whipsawed is very high.
Thanks for viewing! If you have any thoughts, please take the time to write them down. It's how I ultimately improve my TA.
On a side note, do you believe Asia is currently doing most the selling in this market?
ICON Is Attracting Smart Money With Hyper Connectivity PromiseThe reason smart money is flowing into Icon (ICX) is because of its promise of hyper connectivity. Icon (ICX) aims to connect different blockchains so they can communicate, transfer data and payments among one another. This also makes it a very attractive bet for smart money who can invest big in Icon (ICX) with the confidence that Icon (ICX) will be there to connect any blockchains that exist in the space let’s say 10 years from now without having to worry if a particular coin will exist 10 years from now or not.
Read Full Analysis: cryptodaily.co.uk
Icon is about to pop. Long Sitting at a huge support zone with a classic cup and handle formation on the daily time frame. Odds are very high for price increase in USD and ETH