ICXBTC trade ideas
ICX 2hIf BTC price can defend current level, I think
icx is preparing for jump from here.
Support trend is very clear.
Under support level is stop level
ICX - Magic Bot buy signal with Sell Targets - 76% Win rate!!
Buy: 0.00008500
Sell Targets
T1: 0.00008925
T2: 0.00009350
T3: 0.00009775
DCA buy: 0.00008075
DCA T1: 0.00008500
DCA T2: 0.00008925
DCA T3: 0.00009350
Trade Stop loss: 0.00007650
Magic bot stats:
Wins: 350
Loss: 110
Win %: 76.09%
Total trades: 471
Days: 166
Avg Trades/Day: 2.84
Total Max Cummulative Profit: 1785%
Thanks for viewing and any feedback is welcome.
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$ICX Looks like what it was a resistance at ~794sats is now a su
UCTS buy signal active (26%+ up)
RSI starting to rise again
ABCD bullish pattern as result of the pullback
Volume rised again from the support test.
~958 sats as first target... #ICX
ICX BULLS ON THE MOVE....BULLISH SET-UP FORMINGPrice broke out bullish from the range above the weekly support at 766, and had a nice consolidation on the 50 day moving average followed by another flush break above the 50 and 200 day moving average, but got rejected at daily resistance level (red line) just above 1000.
However, the bulls seems to be holding up strong after the little correction downwards on wave 2. We had a nice bounce from the weekly resistance now acting as support and we are right now consolidating just above the 200 day MA.
Below us, we have the 200 day MA at 790, the weekly horizontal support at 766, and the 50 day MA at 725, and giving us a nice amount of support.
Above us, we have the daily horizontal resistance at 1026-1050, and the weekly horizontal resistance just above 1400 area.
RSI pointing downwards and around the 45% area on the daily. Storch below 30% and about to cross bullish on the daily, while on the weekly stochastic is about to have a bearish cross.
However, looking at the set-up on all time frames, we will see that FIX is bullish, and this is further confirmed on the lower time frame (4 and 1 hour).
We may see a retest of the 200 day MA or even the weekly support level before the next leg up, and that will only give a clear entry reason, if we bounce at those levels, which ofcos I will be expecting so long as we see the volume come in.
Summary:
Support Levels => 790 (200 MA, 766 (weekly), 725 (50 MA)
Resistance Level: 1026-1500 (daily) 1400 (weekly)
Note that Bitcoin's aggressive move in coming days could alter this trade set-up.
ICX/BTC - Having a sexy setup for a bull trendBINANCE:ICXBTC on strong trend support for the next bull movement. 200% is possible from this point in the long/ mid term.
A possible correction on the wayVolume decreasing and MACD broken expect this ABC correction to play out gl.
$ICX Potential Descending against resistance
UCTS buy signal still active
Volume decreasing
MACD about to bearish cross, RSI flat near overbought levels.
I see two potential outcomes, check the chart for more details.
SL could be triggered if brokes below ascending trendline
ICX nice pullback into support! ICX has pulled back nicely into support and into the 100MA. If BTC could hold ground here, we might be able to continue this move higher
Thanks guys!
ICXBTCSee chart. Idea. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see.
ICX going to have another shot ?ICX been a good earner for us over the last few months and after the last week or so we started to get some solid bullish moves that have been very profitable for us.
We wanted to give ICX some time to bleed and settle down and hopefully hold onto a level of support where it was which it seems to have done.
We slowly consolidated and worked our way into a nice descending wedge forcing us to the overall trend line once again.
Looking to trade the break out off trend to shoot for that supply target again, this will be a key level to break.
2 potentially scenarios, we get rejected, double top and drop back to a lower support.....or
we break this supply level and find support about this level and get ready for the next impulse move as we continue on this bullish trend.
Volume has dropped off on this consolidation which is pretty normal and is what generally helps to form those descending triangles are volatility gets lower.
