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ICXBTC

ICON will it have the legs?ICX has been good to us lately how ever we dropped our trade at that level of resistance there at 750 a week ago with the intentions of buying back on a descent retrace. It didn't drop far or have any major reaction to the BTC dip the other day and bounced off the 38 already and is already testing those highs again. We may have to run 2 different strategies here with this, if we can break this last high i can see a fairly impulsive move to that level of supply purely because of a lack of market structure to the left so i will be looking for a break out trade and trying to catch that last 30% or so. On the other hand on the smaller time frames we could be heading for a double top rejection here and heading back down for that retrace we are after and hopefully its descent enough to come back down to around the 6300 sat mark for a nice bounce off the 618. CCI looks like it may be geeing up for another push but it also needs a cool off from the last swing high imo.
by Unity-Trading-Group
1
Bullish Weekly Chart on | $ICXBTC |Technical Setup in play as we have a confirmed 3-13 ema bullish weekly cross-up plus were printing green bars which says volume is picking up and this uptrend is in play. ICON is looking great for a swing back above 1000 but you never know when that momo kick in it could see much higher trading prices. Look at the fib retracement for possible answers. coinmarketcap.com icon.foundation Prices as of 3/7/19 $0.325929 USD (14.43%) 0.00008325 BTC (14.35%) Market Cap $154,296,969 USD 39,413 BTC Volume (24h) $33,725,266 USD 8,615 BTC Circulating Supply 473,406,688 ICX Total Supply 800,460,000 ICX
Long
by AaronX
Icon (ICX) Long SetupICXBTC has been absolutely HAMMERED during the bear market. However, I've noticed some positive news recently for this coin, as well as a massive increase in volume. While I didn't catch the extreme lows, there is still plenty of potential upside. I'm practicing some VERY SMALL trades with high reward possibilities in order to build a trading stack from scratch. I've started out nicely with my BAT trade, that generated a 40% return right off the bat (no pun intended). This setup is as follows: BUY if we break above the ascending triangle resistance (around 735 to be safe) Targets: 860 924 1028 1400-1500 This setup will be INVALIDATED if we break below the ascending triangle support and if we go below 675. This is not financial advice. This is a trade that I'm currently in, with a very small position, just to try out some strategies. -Victor Cobra
Long
by VictorCobra