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CGCryptoTrader
Nov 9, 2018 5:38 PM

ICXBTC Breakout Long

ICON / BitcoinBinance

Description

Buy Price: Green zone
Profit: Blue Lines
Support: Orange Line
Resistance: Purple Line
SL and the Historical Low: Red Line
Invest Suggestion: 15 Percent
Profit Expectations: 17,5 - 35 - 55 Percent

Just hold and watch. All targets will be reached in a few days.
But it's recommended to hold it for 14 days if any target not reached.
Sell when you got some profit, according to your way of trade.
I am sure, you will be get nice profit. Good Luck!


It's a matter of time to ICX hit my targets, ICX is close to the it historical low and it formed a suport of growing very close to the resistance line!
The RSI confirms that is oversold!


In anyway, you will get profit!

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Comment

I think ICX will hit the historical low! So, if you bought on the green line, sell now and bought again on the historical low!

Trade closed: stop reached

Comments
aleXChas7
bro can you explain where the hell you see a BO?and you think the current price that has a 18% space until the historical support means that it is close to that? there is nothing to confirm that the down trendline of the triangle will hold.also daily RSI is around 37 so also has a lot of space to consider it oversold..the EMA's are extremely bearish and also the MACD is ticking downwards..your idea has no sense mate
CGCryptoTrader
@alekos77 we are focusing in a short term here. Right now we are trying to broke the daily support, the bear market made us drop a little more and a close there would confirm a bear momentum. In my vision (and that's what matter when we are talking about a million possibilities over the charts) is that we have a little room to go up, but long term we gonna visit near the historical support. When you say that my idea has no sense, beeing right is not what matters, showing the ideas and discussing is what matters in TV. I watched your chart too( about the same coin), the upside broke confused u too. In a bull market you would make at least 50-100%. That's why trading in a bear market is so annoying.
aleXChas7
@CGCryptoTrader, my chart was about days ago and the short term bounce upwards was confirmed and played well although that it was small because of bticoins pullback..what i am saying to you is that currect icx's chart is looking extremely bearish with the possibility to run upwards only willing to happen if btc starts a small rally after the correction of the last 2 days..thaats why i told you which are the arguments of you to confirm a long and a support hold..look at the brearish volume.look at the indicators showing that the bears are among the bulls at the moment..for your good in trading look what the chart really shows and not what you want to see..it will make you save some money bro..patience is the key
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