Get started
ICON Perpetual FuturesICON Perpetual FuturesICON Perpetual Futures
DelistedDelistedDelisted

ICON Perpetual Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Markets

ICXPERP trade ideas

Long-Term ICON (ICX) Woes Turn Into Short-Term Bliss Taking a look at the daily chart, we can see that in the previous two cycles since falling from the top, the price bounced drastically off of the bottom support of the descending channel before returning back down to land on the horizontal support. This movement creates a ‘W’ looking pattern that looks like it will soon complete a third repetition of the cycle. A short-term trade opportunity could potentially still be profitable by riding the wave to the top and selling off before it returns to the $0.26 range. Read the full analysis from BeInCrypto : beincrypto.com
BINANCE:ICXUSDLong
by BeInCrypto
ICX/USD 10.19.18 Big Picture So FarLooking at ICON/USD on the weekly as calulated by Binance and thinking about swimmin pools. The chart begins in mid December of 2017. Some people say that was a good time for crypto. Right off the bat we see a heavy divergence in price movement versus volume with price hitting ATH in early January around 13 American dingos. Next week price fluctuates wildly with decreased volume. The lower wick later becomes very significant resistance. We get corresponding price to volume movement until June where we see the volume relatively increase as the price decreases hitting ATL at $0.45 in September and the price has more or less kind of in relation to the larger picture maybe flatlined since as volume decreased. (not really as we've seen a 76% bounce on the weekly since hitting the recent bottom but relatively speaking...) Looking at the fibonacci levels we can see further future levels of resistance that could be significant on the way back up. Levels line up almost like robots are trading algorithms or something. But anyways. Spoiler alert: I think ICX is going back up and will reach new ATH's eventually. Probably not today or tomorrow or next year and for the rest of your life... wait. I think I fucked that up. But anyways once again. From here to the floor that's been set so far is -36%. Just cause it was the floor before doesn't mean it's gonna be the floor again if you know what I mean though. ICX started at $0.99 here and has hit $0.45. That's significant downside. Don't be caught catching falling knives or chasing waterfalls. Instead Shoop. Shoop A Doop. Cause year there's upside too. That December bull run was over 1200% in 21 days. Twelve hundred percent in three weeks. From where we currently sit, pricewise, to the ATH is about 1800ish%. It's almost certainly not going to happen in one bull run like it did ten months ago. It's almost definitely going to take longer than twenty one days. But another parabolic bull run is likely eventually going to happen (imo) in the crypto markets and I think ICON is poised to be one of the alts that runs up there with the big boys. The next REALLY big bull move in this space is likely to occur in blue sky breakout territory and it will probably happen in a short period of time. But. The grind back to ATH's could be a lengthy process. (Then again, maybe not, how's that for a point?) These markets are like trading on steroids. ICX gained 1200% and retraced ENTIRELY over two and a half months. Massive fortunes were gained and lost over that time period. Pick your piece of the pie and study your ass off about the best strategies to obtain said piece. I'm not sure if this type of opportunity is going to have too many iterations. Waddu I know tho? I'm just your friendly neighborhood piece of Satoshi Peyote.
BINANCE:ICXUSDLong
by Peyote_Manning
1D ICX setup using Ichi, HA candles and TrendMasterBullish * TK Cross * HA bullish signal candle printed via TrendMaster Reservations * TKx—weak signal strength as we're under Kumo still * Bearish Chikou till we get a break out and above from price 26 periods ago * Bearish Kumo Future Idea contains possible paths for Chikou as well. After going through past price resistance, it will encounter Tenkan and then Kijun. Still learning Ichi. Please do let me know if you have any tips, etc. Constructive ones are the best. Thoughts? Thanks
BINANCE:ICXUSD
by cryptotaku