ICXBTC trade ideas
ICXBTC Needs To Fall Before It Will Rise Again [Don't Panic!]The price here will find support at three different levels. From the bottom up, we see first the support zone level 2 going far back. Then we have support zone level 1 a little bit more nearby, with a confirmation very recently.
However, when we look at the descending triangle we can see a negative momentum where the support is weakening. Also ICX seems to be in an overall downtrend. I expect that the top two supports will break, but that it will find true support at the Support Level 2, after which it will gain in momentum again.
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This post does not provide financial advice. It is for educational purposes only!
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Inverted hammer on 8 buy setup ICX about to go up?ICX looking to go bullish? Now on a 8 of a buy setup according to td sequential and at a Intersection. 8 candle looking like a inverted hammer will have to see how the day ends. Looking to enter a possible long trade depends on how many confirmations one would like. Personally i am waiting to see of we can get to a prefected 9 on buy setup. Hopefully volume will start to pick up!
Looking at taking some profits at 4400 sats and 5500 sats and possibly hight. Will have to see how bitcoin behaves over the next 10 or so days.
ICX / BTC 4 HOUR, CONSTRUCTIVE PRICE ACTION! / NEW FRESH VIEWIcon, one of the alts to watch next months, looks building some big momentum shift! Here's why:
* We exit low's form 2019, long accumulation, whales decided its enough. Big expansion phase!
* Now we are in accumulation phase 2 / re-accumulation before next major leg up. I think it will be bigger then round 1!
* You would think, are you mad? The whole market is down! I know, but the waves in Phase 2 show me this is constructive price behavior! I don't give anything what's happen now on the market.
Big whales are playing us.
* Price is in the same sat's area sow that's also go.
* Remember, Bitcoin has some big red dinosaur bites last days, do you see this on the ICX chart? NO! So, very strong signal to me! Price show's big swings but this is what matters on
the Icon chart mates! So it's affect by BTC.
Keep this in mind mates. Have a good day!