ICX Setup- How tradeICX has been in this range for several days. It is possible that the box will be broken up or down. You can wait for the closing of an H4 or Daily candle for the more conservative (more secure), above the range, to enter the purchased operation. I advise partial profit on the first target. Remember the stop below the top of the range if you enter the break.
Another strategy is to buy at the bottom of the range, with small stop order. Let's wait
ICXBTC trade ideas
ICX/BTC short term trade opWe have had a few solid trades off ICX in the last week or so, failed attempted to set up for EW recently with a bearish divergence formed on the closes, and can see a gartley harmonic pattern brewing.
Ideal drop to the 786 retracement over all puts a good bounce possibility at around .0000550 btc
We always teach our members to be conservative when trading harmonic patterns specially in crypto markets, 38 and 50% is ideal targets the 618 can some times be a real stretch of a target specially with current market situations.
at the same time the .0000585 level could prove to be a hold up on this down trend and may not reach out entry position, patients is the key here, if it doesnt get there it doesnt get there...move on.
Bearish ICX ChartTheres alot of bullishness going on around these parts figured id toss a bearish scenario out there. First target is head and shoulders break... second target bottom of bear flag there's a lot of volume within the flag of the second so this pattern may not play out this is just a scenario so trade wisely and be smart.
(The white lines) so 505 and 272
Best of luck traders
Remember to always keep an open mind no-one is always right and you should always be questioning your bullish/bearish scenarios with the opposite. I'm not personally trading this but i had the chart already drawn figured id post it.
ICX/BTC flag pattern fast / 25% incomingHello traders!
After a really long time i am somehow back. i have a job now and tring to help at home as much as i can since we have some problems... but after all here is my icon/bitcoin chart...
The flag does usually extend to the same lenght as it pole was. that is why there is a black doted line.
First i would look for that 1st target tho. it has just a small resistence there in it might break it to the doted line. That would be a critical area (at least in my opinion. we wee probalby see a retrace betwen 1sttarget and doted line and that is where i would look that we do not lose that 1st target level. if we do.I am selling
Have a good one
Icon ($ICX) - up to 1582% PPT! Long term trade.ICX has been moving sideways for a while now which might be a sign of a accumulation in preparation of new bull market.
Icon is a solid project with working main net and good team with decent PPT.
Buy - green. Sell - red.
It's not a financial advice.
Trade carefully and good luck!
Would you short this? #ICX daily inverted chart.
New all time low reached. Great risk to reward ratio for longing for a LONG term play. Uncertain about short-medium term due to Bitcoin's uncertainty but if you aren't already scaling in here then you should highly consider it at these levels for a long term investment in a fundamentally strong project.