$ICX $ALTS yikes edition... Be careful!ICX is one of many alts that are currently printing new all time lows, entering into price discovery. $VET $MFT $SC $KEY are some other examples that are also printing all time lows. I wouldn't necessarily sell here, but you should be very careful when buying alts right now. There are some exceptions such as $GRIN $BEAM that are looking very strong at the moment and then there are some like $ZIL that look good compared to the rest. With BTC looking so strong at the moment, I would just hold btc and be patient with most alts. If there is an alt-season coming, remember it wont just happen over night. You will always have time to enter, and its much less risky if you wait for an uptrend confirmation. Patience pays!
ICXBTC trade ideas
ICX 20% Pull backICX is signalling for Bullish divergence as the RSI crosses back above 30. Seeing a pinbar bounce off the Bol-band and likely to retrace to the 61 fib at alternated support around 460 sats.
Coupled with a bearish BTC, likely see the Alt market start to rally - However given the ICX/USDT market aswel, this is showing strong support in the order book and also very oversold. Out of all the USDT pairings, ICX is well positioned to outpace BTC corrections and hold steady on USDT pair, while rallying on BTC pair. Fundamentals are also good with recent updates and a higher TX count than ETH that was over taken on the 6th of June according to their Twitter.
It has been a silent crypto this one, much like NEO as of late that does not get much spotlight yet they are the most volatile thus % profitable of the majors. 15m, 1hr, 4hr, Daily and Weekly charts looking well.
ICXBTC long setupSpotted a potential long setup for ICX BTC pair, based on volume, higher timeframe RSI TL breakouts. Could take months to fill the orders.
Looking for a stop run on the two most recent swing lows for an entry.
Similar to what happened last December->Feb
Can ladder orders within the green box.
When they get filled, stop losses go below the green box, or below the swing low that fills your orders.
Medium term targets are shown on the chart, and are determined by S/R levels.
High RR for this entry! best of luck to anyone who plays this.
$ICX Slowly building momentum...$ICX Slowly building momentum showing a pattern different to almost every other coin at ATL BTC levels...
Volume slowly growing...
UCTS Buy signal active on the 1D chart
Wait for a break above resistance at ~5200sats can unleash a movement till ~6300sats as 1st target.
#ICX
ICXBTC, impending breakout from a squeezeWelcome to this quick TA on ICX.
As you can see a wedge pattern has formed while price coils in towards converging Moving Averages. We can also observe price has broken above the all three MAs, returning back to the mean. The other key pattern printed is an impending GOLDEN CROSS formation, where the 50MA is testing the 200MA.
Three critical points to look out for:
REJECTION - from the overhead resistance
CONSOLIDATION - returning back to the mean, holding its support
CONFIRMATION - breakout from the overhead resistance
Good volume is observe, and maintained, signalling attention and accumulation.
Risk reward ratio is extremely favourable given that we are so low compared to previous highs, its a no-brainer. The major overhead resistance we may see would be the 50MA on the daily charts.
My planned exits would be 545 sats and 623 sats respectively, and maybe leave some for the ride. Stop loss for when it falls outside the wedge :)
Happy trading
Icon(Icx) might be super coin in the half of 2019.Hi everyone,
I am a computer engineer that developed smart trading bot with Artifical Intelligence called "MikaBot"
Tecnique
I love strong longterm downtrend without bad news. +
I love good trading volume. +
I love useful projects for the world. +
As you see, Icon is under the long term down trend.
It is in also curve pattern.
There are two important levelt. They are acting like a resistance and support. By these two critical levels, the trustworthy buying levels are greater than these two levels.
Icx might explode provided that breaking these two long term logarithmic trends and buying in the price above two horizontal critical levels.
Correlation Report
Mikabot can make a correlation report with bitcoin.
Correlation means that if btc increases, then the correlation coin' price increases too, if btc decreases then the correlation coin' price decreases too. We call it "Correlation".
Mikabot can make a report correlation power of all coin in the "Binance Exchange".
In the long term, Icx is the champion of the correlastion power with btc.
By this report, we can say that by btc increasing, icx will increase with huge amount.
News And Possible Things
I believe in math and numbers but it is not enough for forecasting.
Icon is the most popular blockchain in the Korea and we know that There is strong relationship between icx and korean goverment.
Some banks use icx for security and authentication system.
Some different community uses icx for bussiness process management and comminication.
In the some news, it is reported that Samsung will use IconLoop for SamsungPass.
With such a dominant project in Korea, it will be inevitable for Samsung whose homeland is Korea to have a close relationship.
ICX in an ascending triangle...ICX forming an ascending triangle. It is near the bottom of the triangle and Spectro's indicator has given us an UP, which indicates more upward movement. The Ultimate Trend Analyzer has already been green for a few days and is continuing to angle up. First resistance will be the top of the triangle, which also happens to be around the 50 DAY EMA. If it can break this, then then it will head towards the high 600s.
-faulkin
ICX - Nice chart for TAI expect a downtrend just like what I drow in the chart BUT it can pump too because of a really heavy resistance it needs a sharp move so if whales want to break it we will see a pump.
Buy between 630-600 with 600 stop loss. I need to check it again when it reached there so let me know in the comment section.
Targets
890
1300
ICONT BELIEVE ITICX appears to have bottomed out on the daily. I don't think we'll ever reach ATH in Satoshis ever again, but it looks like a good trade.
Entered in at 374, targeting a quick 10%+ scalp - hopefully it moons though. They should be issuing blockchain certificates + the South Korean government support leads me to be slightly bullish.
Source on the blockchain certificate shit: coinmarketcal.com
Seems like a good point to buy ICON. Seems like a good point to buy ICON.
ICON is in a acending triangle and has not yet shown any real gains against other altcoins. This may mean that ICON will soon be making a nice move.
I am long now. if it breaks the triangle we can go to 700 sats
Share your idea!
And check mij $100.000 bitcoin post
Goodluck