ICON (ICX) Ready 4 Breakout (50% Profits Potential)ICON (ICX) is getting ready to breakout. This is a very strong altcoin available for trading on Binance. Really good volume.
Let's take a closer look and position ourselves for a nice, very low risk and high reward trade.
ICON (ICX) Trade by Alan Masters
CHARTS, SIGNALS & INDICATORS
- You can see the triangular pattern on the chart above. ICON is getting ready to move after a 6 months long retrace.
- We have a double bottom on the RSI and bullish divergence on the MACD.
- Weekly closes today, but reversal candle has formed.
- Plenty of room available for growth up in the weeks to come.
TRADE INSTRUCTIONS
Buy in: 0.000282 - 0.000322
ICON (ICX) Targets by Alan Masters:
(1) 0.000378
(2) 0.000432
(3) 0.000475
Note: Use targets as reference only to sell for profits. Not all targets are meant to be reached. Make sure to sell small portions of your holdings each time you reach a target and only leave behind 20% for the higher targets. Here you can learn more: Selling the targets - The Basics.
Stop loss: 0.000210
UPCOMING EVENTS
- 30 June 2018 - ICX / ETH DEX Launch. ICX/ETH Decentralized exchange.
Low risk, high reward...
This is exactly what we need and what we want.
Namaste.
ICXBTC
$ICX #ICON - DOUBLE BOTTOM - rise high or fall deepHello Lads and Ladies,
for todays first TA we are looking into ICXBTC - one of the most traded coins on Binance.
Looking at the chart we see that we are coming to the very end of a long downtrend since February marked as the blue dotted line. This has been confirmed multiple times. ICXBTC tried to break the downtrend but failed to do so many times. Moreover, we have two more important lines of support when looking at the chart. The red horizontal line and the ascending blue line.
Recently we have seen ICXBTC taking off from the blue support line, failing to beak the resistance and then once again coming back to the blue support line, doing so it seems to have formed a double bottom, which is a bullish signal and might test the downtrend resistance once again. Here comes the interesting part. Breaking this downtrend would mean a pretty huge push for ICXBTC which then would find its first target at the 61.8% or even 50% trend line. ANYHOW, does it fail to break this very strong downtrend, we will very likely see the red horizontal support as the next stop for ICXBTC.
From there on, it will have to decide pretty quick what to do and preferably break the downtrend exactly where it crosses the ascending support. Should that not be the case we will continue the downtrend.
I personally, do not believe in that bearish scenario and see ICXBTC breaking the downtrend very soon. Nevertheless, the whole market has to at least hold on the same level that this happens, otherwise it will go down again and here you already know to which point.
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Cheers, Tomas
ICXBTC HODL I Still Want You Hi All,
Contrary and point of view for ICON ICXBTC. Please, keep an eye on BTC Trend.
I Swear to love you, all my life, ICXBTC, HODL on I Still Want You, HODL on I still need you.
When it comes to fundamentals and Macro Outlook, Icon, check all the boxes.
When it comes to partnerships, Icon, check all the boxes.
When it comes to hype, Icon, does not check all the boxes.
When it comes to DAPPS Being built on icon check all the boxes.
When it comes to future projections, Icon check all the boxes.
When it comes to national pride, And national adoption, Icon check all the boxes.
I'm buying all the dips and I am accumulating ICX, Cost averaging in my ICXBTC Down to 0.0003147 Satoshi with NO Stoploss.
We are looking at a Multi Billion dollar Market cap Asset here people, and yes ICXBTC is an Asset.
This is by no means, Financial advice.
Please read the white paper, and Understand What icon is doing to hyper-connect this world.
Blockchain 3.0, Don't miss out.
HODL 90% of your ICX, and have some 10% aside for swingtrades e.g., if you have 100 you HODL 90 ICX and Swing 10 ICX.
Please, For all that is holy, Don't sell your coins for quick gains.
We are investing into a platform ICXBTC, Which has a real world use case With the Slew of Partnership.
ICXBTC / I Maybe Right, I Maybe Wrong. Just dont Miss Launch padHi All,
Hope all your trades are going well, ICXBTC is in my Buy Zone...
This trade is primarily predicated on BTC Staying above It's current level.
Always use caution when entering a trade, Meaning have an entry and exit plan ahead of the trade.
Only time will tell if this trade is what I believe it to be.
Always open for advice from experienced traders....
Good luck trading y'all..
ICX/BTCThe 2 green arrows are short term targets and the following drawn lines are the scenarios that follow. I'm inclined to follow the bearish outcome if BTC stays on its current trajectory. This is probably just some sort of 'B' or 'X' wave exacerbated by the news of the ICX/USDT pairing on Binance.
"Buy the rumor, get rekt by news" .. or something? Probably paraphrasing.
ICON/BTC 4hr...ICX Bulls Prepare For Battle. It's Defense Time Hello fellow traders and followers. Hope everyone is profitable and trading safe.
Wanted to get a quick ICX update, as I have had my morning coffee ;-)
Probable roadmap layed out. Will it follow my lines? Absolutely not lol. These are educational charts everyone, displaying a potential roadmap. Just wanted to let my fellow bulls know that longmoney is fighting. Prepare to defend! Stay tuned for updates ;-)
longmoney
ICX Ready too Move up or down?New beginner on TA and thought i would share an idea as i like to hear feedback and practice my TA skills. Open to criticism
Thinking we could be heading for a bounce to the upper trend line as RSI and MACD look to swing back to bullish territory, If we break the lower trend line by the magic 3% price mark we are looking for a continuation of the downtrend. The next few days are important to see where ICX will go.
DGBBTCDigibyte has been bullish since the breakout of the falling wedge, And its showing good uptrend now 1st impulsive wave hit a swing high of 440 sats we alredy published that 2 days ago and after that we saw a bullish retrace.
DGB break out triangle pattern and looking bullish DGB having strong news
The upcoming events for Digibyte
1- Hard Fork - 21 June.
2- New Exchange Listing - 30 June
these news can take DGB high
NEW Major resistance is at 550 sats and 600 sats
$ICX3 higher lows in a row March, April, and May held on. everything is still heavily correlated to BTC. I have a position average entry 38000k sats. The partnerships and adoption across Korea have me Bullish as hell on this coin. Any move past previous month low is a cut off. seeing as everything was bleeding that buy up in the May dip may be a sign that sells are drying up. Watching for consolidation under the .236 fib line and push up through to .382 (48k sats ish) I don't think we just tear through 53k resistance so some consolidation is expected around there.
ICX Short Term Play 4hrICX had a nice 22% bounce since the bounce from $7k. After some green days we are finally getting the pullback that is needed.
BTC is floating around $7.5k for the time being and can possibly retrace a little more around $7200.
That being said, a drop in BTC will result in a drop in alts.
This box that I've drawn is my buy zone and I have a few orders layered up.
Additionally, I'm looking to see if the candles hit the trendline which could signal a potential double bottom.
Things to add: Volume is declining signalling a potential break soon. RSI looks to bounce, historically, off the 20 or right above it.
Bitcoin Evening Update 6/3/2018Good Evening,
It appears to me that the current situation with Bitcoin appears very toppy. On both the daily and shorter timeframes we see that we just embarked
on a corrective C wave, but with little explosive volume since the harsh B impulse wave down. The Stoch on the 6 hour is topped out, the DeMarker just passed 0.7, and the macd appears to be crossing over back down, all indicating further bearish movement. We are slightly bove the BBands, but again there was no explosive movement, and it seems to be resembling exactly what happened at the start of the first impulse wave (B/1) and the corrective B wave. All the best with your trading!
Written By: Philip Raytburg
Research Analyst
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
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GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
ICXBTC - What the future will bring; important levelsIcon, made 100x from its ICO price back in January. Recently most alts are following BTC movements. ICX too. Check my sentiment about BTC here and here
In few words, if BTC continue the bull run or goes sideways, ICX will pop-up. There are two resistance levels we have to break in order to aim for previous highs, eventually ATH. It is too early to talk about ATH, but I will follow ICX closely, since I am a bag holder. Yep, didn't sold it last month when ICX went to 52k sat, but I am confident I will have opportunity to go in profit. :)
Bullish indicators: RVGI 1D crossed on bottom MACD crossed on bottom
Updates will be posted as comments.
Please, do not forget that I am NOT a financial adviser. I am just publishing my trading views, ideas and perceptions.
ICXBTC - Buy Opportunity - 239% ROI - 24:1 Risk/RewardWith BTCUSD in consolidation mode, I've turned attention to the alt pairs leading into next week. Another coin on my radar is ICXBTC.
As you can see, there have been multiple breakout trade opportunities that have all reach target. I've left these on the chart for you to see. There is still a larger pattern in play that has not reach targets or broken key levels to invalid.
Therefore, we can assume consolidation is now occurring for the next big move UP.
Reasons to consider a BUY position:
Multiple breakout trade that indicate trend continuation
Price appears to be basing out near the consolidation zone indicating fewer sellers
Multiple consolidation zones to offer support (not all are shown)
Excellent risk to reward ratio on offer
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
$ICX #ICON Bullish trend delayed by the token swapLong time since I looked at the $ICXBTC chart, simply because I'm holding it for the long term so short term price changes don't matter so much, especially when BTC is bearish.
ICON team is working heavily on partnerships and dapps, there is little time for marketing it seems and the token swap is still not done, which I believe is the main reason for the price drop in the past months.
however the fundamentals are stronger than ever, the partnerships part and the real world usage is what keeps me very bullish about ICON.
The daily chart shows the same, it seems an uptrend range was established, higher lows, higher highs.
The crypto bull run can start at any moment, ICON will go along with that, especially if they manage to swap the tokens and start with the incentive staking.
ICX is a good buy and hold at the moment. The rest of the targets remain valid, even if dormant for the time being.
Enjoy!