$ICX - Good Option for BUYING NowGood option for buying now. While $BTC was falling, Icon was gaining volumes . Moreover, there is a bullish convergence on RSI. Looks like a confident trend reversal . Looks good for buying at the market price and a little bit lower in the orange zone. Targets are on the chart as well.
ICXBTC trade ideas
Potentially the Bottom for ICXIcon team are working hard on the project and with many good news coming this month and onward's, like the upcoming staking and P-reps election, many will want to stake their ICX stack which would drive the price upwards.
I strongly believe ICX/BTC pair has finally bottomed out and will start up-trending.
Levels to watch are the ones highlighted in the chart, we might not break 1200-1350 at first, or who knows that might be the top and ICX will go back to down trending and reach new lows.
Setup:
Buy 190-210 Stop loss 185
Profit target 1# 500-550
2# 650-750
3# 1250-1350
Of course this is just my opinion and observations, please be careful and do your own research when buying any Alt coin.
ICX first reversal signBreaking slowly out of downtrend is ICX first reversal sign, possible bullish reversal soon if the RSI and MACD resistance can break.
Wide spread target between 400 sat ( previous support) and could even wick to 550 sat ( launch price when added to binance ) and this in the very short term, long term i'm more optimistic and staking in august is allmost there.
ICX is now consolidating for the second time in a all time low and i believe it is almost done.
This is not financial advice, just my opinion.
Good luck
ICX Setup (ICXBTC)Looking to enter ICXBTC here in 0.0000266~0.0000272 range. Over the past few days we've broken out of the downtrend and successfully back-tested. Closed above the valley at 0.0000271 and now forming uptrend.
This ones a big of a slow mover lately so might take a few days to climb but looks pretty low risk and potential for breakout soon as we've been stuck in 250~300 range for over a month. Laddering up from 0.0000261, setting stops below here.
Also on the FA side there is staking coming up in August so this could be in for a quick pump if Binance announces support. (see $KMD, $XLM over the past few weeks)
Entry: 0.0000266~0.0000272
Targets:
0.0000288
0.0000339
0.0000404
$ICX, Bouncing in a tight range with many touches $ICX / $BTC
Bouncing in a tight range with many touches between ~250/300sats
Currently sitting on this strong support, aiming for a new ride to the upside as sell pressure seems exhausted.
UCTS Buy signal on the 6H.
Falling below support is an out ofc.
#ICX
ICXBTC - Keep an Eye, Dont buy yet#icxbtc
Too early to say if ICX has bottomed yet. But we can see some early reversal signs. Wait for the Breakout & wait for Bitcoin Dominance to cool down. Keep an eye on this one. May help you make quick 50-100% if and when we break out of the zone.
One of the reason why it caught my attention today is because on a day like today when most Majors are down against BTC, ICX is surviving the onslaught