ICXBTC trade ideas
ICX Possible new Uptrend formingICX recently broke out of downtrend pattern on the daily.
Touched MA50 and currently above MA20, expecting squeeze between those 2 movinge averages (green & blue)
Now why do i anticipate a possible uptrend?
- Broken above MA20 with increasing volume (possibly with the start of Pre P-rep voting & staking).
- Bounced on MA20 (allso golden pocket on FIB retracement tool) after correction.
- Candles showing higher highs and higher lows.
- RSI broke above RSI resistance at 50 and 50 is validated as support now.
- RSI allso in uptrend.
- MACD showing uptrend.
At time of writing allready 81 million ICX staked and rising: tracker.icon.foundation
If ICX breaks up, targets are:
TP1: 308 sat
TP2: 380 sat
This is not financial advice, DYOR and enjoy the show
ICX potential buy BAT pattern 5 Elliot wave complete
(A) corrective wave almost completed B wave in play now.
BAT pattern is the macro play with buys between 2000-19000
Trade smart, but get ready for a good Q4
ICXBTC has hit the support of channel | Upto 367% expectedPriceline of ICON / Bitcoin cryptocurrency is moving within a down channel and now has hit the support of the channel.
RSI is oversold.
MACD turned strong bullish.
Stochastic has given bull cross.
I have defined sell targets using Fibonacci sequence:
Sell between: 0.0000448 to 0.0000752
Regards,
Atif Akbar (moon333)
ICON trade with a good risk rewardICX broke out of accumulation zone and a while looked like a pump and dump pattern. Buyers stepped in and prevented the price from falling. 50% fib retrace level confirmed as support and 4h candle is now looking to close above the initial close. There is also a multi timeframe confirmation on the move, including 1d, 4h, 1h and also smal 30 and 15 min timeframes. CALCULATE YOUR RISK and this should be a good a good risk reward
BTCUSD, ETHBTC & ICXBTC Analysis 8/22/19Today we will provide a technical analysis review of Bitcoin, Ethereum against its Bitcoin counterpart and the biggest mover over the last 24-hour Icon vs Bitcoin.
Raphaël Comte
Investment Analyst at Token Metrics
Token Metrics Media LLC is a regular publication of information, analysis and commentary focused especially on blockchain technology and business, cryptocurrency, blockchain-based tokens, market trends, and trading strategies.
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$ICX Ascending triangle breaking to the upside with volume... $ICX Ascending triangle breaking to the upside with volume...
UCTS Buy signal active on the 12H chart
RSI reaching overbought levels (bullish)
As targets 2200 / 2350 / 2500 sats
#ICX
ICX - Blast off!$ICX right against resistance at 251. If it flips 251 from resistance to support, look for 274+
ICON clear big move incomming.ICON clear big move incomming.
Icon looks so so great. I hope this will not be another poop breakout.
I have already set my sell orders. Because this pump can be big!
Letsgo!
Icon - Testing Downtrend from July '18 (ICXBTC)Liking this setup here for ICON (ICXBTC) for a mid~long term play if we can break trend.
We are currently testing a daily downtrend from JULY of last year and are 98% down (jesus) from all time high in BTC. This has been one of the worst performers in the alt coin bear market and could finally be ready to turn it around. This one can be a slow mover so I would enter this trade with a longer term mindset.
Entry: Daily close over trend line (195~200 area)
Stop: 4~5% from entry
Targets :
240 (short-term)
286 (mid-term)
404
490
Good luck!
BTC Tips: 3KKD7YKR7x9c4AZJJ56XJA8F3hp7hWSpTX
RVN Tips: RPtFfvxZAdBwNdQpG1jMwEnxhviCwkkcoJ
