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ICXBTC trade ideas

Icon ICX leaving its downtrend? (hourly log chart)WHY mention ICX now? --> Exiting the 2 weeks of downwards channel ... might mean a new upwards trend. * LIGHTBLUE broken out of down channel top Alternatively it could first go sideways for a while, e.g. between 3700 and 4000 (zoom in on 15 minutes chart). Or (which I don't believe but it's possible) breaking out of the channel FAILS ... then it could fall, but probably not further down than approx 3400: * PURPLE trend line was the FIRST (i.e. last unbroken) one, of 6 accelerating trends, during its parabolic rise, early February 2020 * BLUE horizontal at 2750 was an August 2019 peak.
Long
by akd
2
ICON Retrace Might Be Over | Potential Targets Mapped (50%)I was looking for something that looks like it can move quickly... ICXBTC (ICON) is just coming out of falling wedge after a fake breakdown of support... In this type of setup, it is easy to see a bullish move follow. Prices retraced to the 0.618 Fib. support of the last bullish wave. The volume on the drop was always low, signaling that the bears are nowhere to be found and this is a standard/classic retrace. Prices are now moving back above EMA10 and EMA100 while the RSI and MACD are going bullish. These signals are telling us that ICXBTC is getting done with its retrace and is likely to move higher. Conditions for change The markets are always changing... Prices are always moving down and up... Right now we have bullish signals but tomorrow it can all go wrong. So, if prices close below 0.00003250 on the daily time frame, the above signals become invalid and there can be additional drop. If prices remain above this level (the last low), we remain bullish and expect a bounce to take place and hit the last peak or just below it. Thanks a lot for reading. This is Alan Masters. Namaste.
by AlanSantana
16
ICX/BTC Bullish Pennant Another 110% Potential Rally ??Since the massive Rally ICX has been correcting so far. You can see clearly it is forming a bullish Pennant and also hovering around .5 fib level. If yes there's an "IF" it breaks to the upside. I'll add positions on retest. IMO upside momentum is highly likely as the Dominance is falling for the BTC and alts are getting relief. ICX is among those alts with strong fundamentals. The red dotted line is the long term Resistance. MACD is showing Bullish signal too. Let's wait for the breakout to enter. #Peace
Long
by Cryptorphic
1
ICXBTC Current Bullish Update for Long EntryICXBTC Now Looking Bullish : ICXBTC Current Price is 3945 Satoshi. Whats Chart Says.? According to Chart Now Price hold above 50MA Support at 3900 Satoshi. but Also price struggle at 4000 Satoshi Resistance Line. so Important Thing is If Candle hold above 50MA support and Success to break upward 4000Satoshi Resistance then I can expect Bullish mode again. Most important Thing Price also very good support hold at 0.6 Fib Retracement. If retracement 0.6 Fib hold successfully then TA says We can see New High. So lets see what will happen. and trade with carefully guys. if 0.6 fib Strong support then Ready for Again good Profit. Support: 3900/3684 Satoshi Resistance : 4918/5896/7835/9120 Satoshi Resistance = Targets keep in mind risk management also guys Please like and follow me for latest crypto updates. Thank you for your love and appreciations.
Long
by CryptoPatel