ICXBTC trade ideas
ICX/BTC (Bullish Weekly Chart?)ICX/BTC
-just broke above the weekly body resistance
-it may retest the new support zone at 4300 range
-the market is bullish as the price is trading above 50W MA
-new series of Higher Lows on the weekly timeframe
-the ascending trendline will give us a guide of this uptrend
-for the long term, targets are up to 5900-9000 sat range
-as long as the btc.dominance will remain bearish
-the Altcoins has the chance to move higher in the coming weeks
Good fundamentals Icon has good fundamental news, the team will release the new update to mainnet on 27 july 2020 ..
On the technical analysis, Icon is now retesting the 38.2% fibo level resistance and it's highly probable that it will be broken ...
Mid term:
Entry point: Between 4300 and 4500
TP1 5567 29%
TP2 6544 52%
TP3 7936 84%
TP4 9709 125%
SL 3379 21%
*Trade on your own risk and make your own analysis*
Good luck.
ICONBTC 2020-JUL-22ICONBTC triggered a buy order in a rising channel. The upside here is ~30% from here; with a 5% risk to the base of the channel.
#crypto
ICX is Clearly Bullish nowIt managed to finally close above 4500 which was struggling for days. With little bit of more volueme I think ICX can easily push though 5500+++ sats.
ICX Looking BuuuuuuuuuuuuuuuuuullishICX broke the monthly resistance and successfully bounced off the resistance and turned it into support.
ICX is looking bullish and is possible to hit the yellow targets in the coming days/weeks.
Hodl Hodl Hodl
And hope BTC.D won't rekt us.
Have fun
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ICX Follow the chart.
Careful of this big boy. Looks like a false breakout to me.
Something great coming soon.
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Possible Trade Set-up for ICXBreakout -> Channel -> Range
Price action formed a possible Range after Bull Channel. I think Trade looks safe here. May be need to Scale in at Range Low.
Disclaimer
Trade at your own risk. This is not a financial advise. We are not registered/licensed organisation for Financial Services.
$ICX, Trying to break from ~3200/4000 sats range..$ICX
Trying to break from ~3200/4000 sats range that has this asset bouncing since Jan 2020...
Crossed over ~4k sats (R/S flip on the 1D) w/ UCTS Buy signal on almost every timeframe..
If volume starts flowing in, it can lead to a movement back to ~5k+ sats (20%+)
#ICX
ICX buying areas Hello Traders,
ICX is correcting after a strong bullish movement, but where to buy? It would be an excellent opportunity to buy if it does back to test the demand area. That was former resistance zones that are support now levels, So we must buy on support regions.
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ICX must break out this resistance for further updsideICX must close above 4500 sats for us to go higher. But RSI is overbought at the moment and Btc looks weak. IF we can break out of it with volume expect some massive run. Bitcoin dominance looks weak so I expect altcoins to have more room for growth
ICX/BTC daily analysis 7/8/2020Good evening all and welcome to another Alt coin analysis Im trying out. I am looking at ICX/BTC and I am seeing some life in a coin that is still pretty far down from its ATH. The thing is if you are trading this you can still make a lot of money if you play your cards right. Last time I analyzed this coin was the middle of last year and that is when I put this fib on the chart. It was almost valid enough to leave on the chart but I drew a fresh one just to make sure we were covered. I also put my typical set up on the chart so lets discuss the current situation.
ICX is a double edged sword at the moment anyways. I really hope that the pump continues similar to how VET has took off. But I cannot promise the same results. Back in Feb of 2018 we were at 92000 sats. Right now we are close to 4100 sats so we still have a mountain to climb if we are going to get back to that ATH we want to see. But traders gonna trade. You can still make money on this coin but buying right now may not be the best idea and Ill explain why I feel that way...
I see we have had 3 rejections at this level in the recent past. So the .382 fib is strong resistance. If we can muscle our way above the .382 fib that should cause some fomo though so I am curious to see what the bulls can do for us. Right now we are above the 50 MA and the 200 MA and the cloud on the daily. But we were the last 2 times we attempted to break above the .382 fib.
Right now if you ask me it is all wagered on if we break above the .382 before we can advance any further. Fomo should show its face after 2 solid rejects at this level traders are watching for a breach of this level. The .382 which is approximately 4575 sats. I have my eye on that level. If you want to go long here make sure you set a stop loss. Nothing is written in stone at this point so you will be taking a risk if you want to jump into a long at this point. But Ive seen stranger things. I mean on the chart. Not the show on Netflix. Although I have see that too. Its okay. I think Ive used this joke before so lets move on. WTFDIK :)
TLDR: Alts usually move when Bitcoin is moving sideways from what I have seen over the past 17 months I have been doing analysis. Just an observation. Do you agree?
ICX/BTC 1D (Binance) Bullflag about to breakoutTA: Icon is starting to look bullish again, with that alts momentum going on this could pump nicely, and MAs are holding price action.
FA: ICX will be on special sale at -50% next Thursday in The Syndicate of Crypto.com exchange, using CRO. Plus you can Earn up to 14% APR there.
Current Price= 0.00003499
Buy Entry= 0.00003500 - 0.00003238
Take Profit= 0.00004142 | 0.00005035 | 0.00005670
Stop Loss= 0.00002596
Risk/Reward= 1:1 | 1:2.16 | 1:2.98
Expected Profit= 22.94% | 49.45% | 68.30%
Possible Loss= -22.94%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 960h
High price of Komo - Converse line above base lineHigh price of Komo - Converse line above base line
High base line price
High price of Converse line
Convergence line above base line
Simple moving average 50 above average simple moving average 100 and simple moving average 100 above average simple moving average 200
ICXBTC at list 50%+ gains coming month#ICXBTC is a super strong project in KOREA alone. they will DOMINATE KR Blockchain businesses.
I'm holding this to be rewarded in bull market to come.
but for now ...
after last crazy run icx has corrected and formed a Bullish flag and still holding above the crucial level. Soon we can expect a breakout of the resistance.
Try to Enter on pullback around 3500-3700 Sat or buy the break out!
ICX has also mainet on 28 July so i expect at list 40%+ push
Target:
0.00004330
5383
6154
7315
8692
Stoplos below support line!
ICXBTC A boring coin that can possibly trade much higherThis pair has been trading below 0.00004044 for an extended period of time. I was tremendously frustrated but I guess with the lull in alt, this should be expected. I should have managed my own expectation.
The recent break out of the resistance level from the triangle formation saw all the EMA cutting higher. The stars seems aligned then. Now its trading near to the fateful resistance near 0.00004044 once again. Will this time be different? I believe so. A convincing break will take the short term move to a target level of 0.0000537.
Then we have to resassess the situation in the macro environment. I believe the upside potential is much greater!
Disclamer: Invest at your own risk. Do your homework.
ICX/BTC Breakout about to happen!ICX/BTC looks bullish here and printed an ascending triangle in 4h and lower timeframes.
D1 chart looks like inverted head and shoulders. Expecting this resistance to break very soon.
Placed my stop below last low.
