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ICXBTC

ICXBTCi think that ICXBTC will fall down from here to the near support line at 2124 satoshi, or 2078 satoshi; if the price bounce again from here we expect that the chart will draw an inversted head and shoulders; and we wait to broke the neckline (zone resistence ) between 2195 & 2216 satoshi and if that happen we can predict to hit more from the new zone support to the next zone resistence at 2355 & 2397 satoshi (btc); in other hand if the price move down and broke the support line at 2124 & 2078 satoshi, it will test the bottom of the head at 2055 Satoshi, and if the price broke it we expect o visit the zone between 2027 & 1706 satoshi (BTC price).
by TISKOFUN
ICXBTC: Good time to make some gains.Hi All, It's all in the chart: if you plan on entering this trade please don't risk no more than 2% of your capital. The market is random, TA can only help us with getting a 50%/50% hedge on capital. So it is Imperative we always use stop loss. Swing traders: Statistics and probability are on our side. Don't worry about being right all the time. You just have to be right 50% of the time to Double your initial capital. Up Trend: Impulse. Down Trend: Correction. All wave Patterns are impulse or correction. Sideway: Except for moving horizontally. Retracement: Price hit Support, Reversal Period, Stop Loss: 60/40 Split. Resistance: Price Falls below Previous Support Level. Only trade when you see repeated price pattern. Limit to roughly 15-20 trades per month 2/1. Impulse & Correction: 50/50 Win or lost: lose $50 - Make $100 Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me for future charts, like this post if it was helpful, and thank you all. Happy trading People...
by letsgetit
ICX Pull back continues!Hello Dear followers, It seems like the pullback is still not over and we are heading for one more double bottom formation in icxbtc pricaction. We believe green box is a good entry point, and below that we do not have any support zones since the coin entrance in binance. ICX - Upcoming Events 30 June 2018 ICX/ETH Decentralized exchange Validation: 1085/1137 01 July 2018 Blockchain conference in Seoul, South Korea, on July 1st and 2nd. Validation: 281/291 03 August 2018 "The inaugural edition on the 3rd and 4th of August will take place in Hyderabad, Telengana’s Thriving IT and Tech hub..." Validation: 30/34 Cryptocholics out, peace out!
Short
by KaptanFantastik
1
ICX is about to retrace upwardsBINANCE:ICXBTC Looking at the 4hr chart of icxbtc we see strong signs of short term retracement upwards. 1) MACD is about to cross 2) Strong bullish divergence on the RSI 3) It passed the 0.786 fib level and finally seems finding some strong support 4) We have to see volume increasing a bit more 5) Play the trade always with an eye on the btc chart as every alt is 100% affected of btc moves Also icx has strong fundamentals it is a great coin and project for the future and even for longterm it is a great chance buying it at that price. 30 June lauches DEX
Short
by aleXChas7
ICX in-depth analysisICX is a project that I have been a fan of from a FA perspective for quite a while. In this idea I will outline my thoughts on the project from a TA perspective over multiple time frames. 1D - On the day scale we see that ICX is currently between the 0.618 and 0.786 fib levels of the entire Binance history. It's worth noting that the extremes of the price action for ICX are dominated by the bull market at the end of 2017 / beginning of 2018. This early dominance coupled with a short history on Binance skews the overall look in my opinion. ICX has not gone above the 0.382 level since early February, and has spent over 70% of it's price history below that level. The 4 red dotted lines are loose areas of support and resistance which are distinct from the fib levels. We recently have bounced off of the resistance line which was last tested in early April. This bounce coincided with the RSI dipping into the oversold ( < 30 ) area. The magenta line represents the downtrend line from ATH, which was recently tested on June 15th. This rejection coincides with a test of the mid-point of a weak falling wedge, denoted by the yellow lines. This rejection puts the 28k sat range in play, as well as the .786 fib at 24290. It is obvious that there is quite a lot of upside should the market turn bullish. Accumulation at the macro 0.786 level is always worth looking into. The daily chart leaves me feeling neutral and needing to probe smaller timescales for more information. For the < 1D timescales I will focus more on recent price action to help determine where we are going next. 4hr I am feeling very good about the 4hr chart here. I have included a second magenta downtrend line to cover the 4hr candle body case and the wick case. I do not find any value in limiting yourself to only one possible trend line. As noted in the 1D frame we have very recently rejected from one of the macro trend lines and we are now consolidating in a week-long pennant. The volume has significantly increased following the bounce from the oversold RSI territory and looks much like typical "accumulation" volume to me. A bullish break from this pennant would have me looking at the 33k-34k area as the first stop before a likely re-test of the top of the pennant. A successful re-test would be followed by a test of ~36.5k and likely 40k. BTC would need to hold the current level or grind slowly up to ~7k for this scenario to play out over the coming day or two. A bearish break, which will almost certainly follow a dump by BTC if one happens, will have us in the 28k - 26.5k range. Possibly even lower to the 0.786 region depending on how violently BTC moves. 1hr I will use the 1hr scale to find my swing trades on this pennant. Like many alts right now, ICX is at the mercy of BTC. There is a lot of fear and uncertainty in the market as many traders wait patiently to find out if we are going to $7000+ levels or if we are going sub $6000 and into dangerous territory. A hold of this level or bullish movement by BTC will likely yield an easy 10-20% here on ICX. I will be considering the following two plays for myself: 1: Trading the breakout of the triangle. Roughly 7% gain here with a ~2.8 R/R to a stop on the downside of the triangle below a recent low. 2: Trading the re-test of the breakout. 15% conservative play here with a stop through the other side of the triangle (failure). Solid R/R here of 6. -- ICX is a long term hold for me so I consider these prices to be ripe for accumulation. Just because something is a long term investment doesn't mean that you can't trade swings for profit though! As always, DYOR and the information above is not financial advice, just a narrative of my personal view of the charts.
by SathFenrir
2
ICON – Next generation blockchain – 500% Possible EarningsSo Guys, we have today for you another interesting project. This project has Koreanian roots. It resembles a bit ONT. They aim to create global network of many blockchains, both private and public to cooperate with each other. By saying this they mean connecting different institutions such as banks, insurance companies, hospitals and universities. They also aim to create digitial, safe identity in order to enable individual to move smoothly in such diversed ecosystem. Example: You had a car accident. You were hospitalized for 3 days. You want to claim to the insurance company. All your sensitive data are stored on blockchain – only you have access to them including all medical data. You give access to them to your doctor in order to write the whole history of the treatment. OK what next? You give temporary access to treatment history to that insurance company. They check compliance. They approve. Once approved you will get your money automatically. It can be ex. 2000 ICON which can be spent on other services in the ecosystem or they can be simply withdrawn. A transparent governance system and artificial intelligence (AI) guided incentive system is at the core of ICON’s sustainable network. Through the mutual trust earned with their system, C-Reps and Nodes will actively contribute to the ICON community. These are the basics regarding idea of this enterprise. We personally find it very interesting because this is totally new point of view. They of course provide smart contracts and real-time payments. They will make us possible to start with ICO. They will also launch on 30.06 decentralized exchange. They managed to built large team – 60 persons including engineers and advisors. They have a 5 divisions: Advisors, Foundation Council, Technology, Business, AI Department, Design/Communication/Security. They are listed on many exchanges such as Binance, OKEX, Bithumb. Getting back to the chart: We are very low at the Fibonacci scale (Fib. extention) We bounced off many times from the level marked on red – around 3000 satoshi – it is happening right now We observed fully finished Elliot wave cycle. New one is expected. Most probably we have double bottom shape forming which is a bullish signal. MACD positive convergence Weis Wave – a bit of demand has shown up. Awaiting for more. Gann’s fann - crossed 2/1 for a while but another solid crossing needed – observe Fibonacci levels: Target 1 : 0.0004158 Target 2 : 0.0005405 Target 3 : 0.0006413 Target 4 : 0.0007420 Target 5 : 0.0008855 Target 6 : 0.0010682 (ATH) Target 7 : 0.0015960 (new ATH) Stop – loss: 0.0002143 Guys what do you think of such projects? Please do comment, share your thought and don't forget to follow us in order not to miss the update. Hugs! WBM Team
Long
by WBM_Team
6