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Cryptorphic
Jul 2, 2020 10:07 AM

#ICX/BTC Breakout+ Mainnet in July! 269% Potential Profit. Long

ICON / BitcoinBinance

Description

Welcome to this quick Altcoin Setup.
I will keep this update very short and simple guys.
ICX is breaking out and looks very promising.
I am bullish on this Why?
1. Broke out of the 142 days old BULL FLAG and had multiple retests.
2. I will post the 4 hour chart soon which shows simple breakout of a falling wedge channel.
3. Increasing Volume.
4. This coin has been going sideways in the entire altcoin season.
5. Very strong Fundamentals. Mainnet on July 27 means we will see some positive movements in the coming few months.
6. It didn't pump the entire alt season because of now Fundamentals/News based Hype which has finally come out.


Although long term Targets are given in the chart I think we will see at least 60%+ Profit from here.

Entry: 3300
Second Entry If Price Dips: 3185-3250
(Less likely it will go this low)

TARGETS:
1. 4347
2. 5116
3. 6391
4.7124
5.9004
6.9801
7.11170

STOP lOSS: 2980

This is not an investment advise, please do your own research before initiating this trade.

If you like this update feel free to like this update. It motivates me to come up with more charts like this for free.
Follow me for more future updates.


Stay safe
#Peace

Comment

If we zoom in the 4 hour chart you can see how the price is breaking out perfectly from the falling wedge channel. A retest and the first stop would be above the 4k level.

Comments
olamiduye
You deserve more credit for the work you do bro, arguably the most underrated analyst on tradingview, but don't sweat it, based on my MACD your career looks bullish AF😎
Cryptorphic
@olamiduye, Thanks a lot brother.
JustDCrypt
Still in ICX took me whay up so again thank you!
Intu
Nice Setup....
OG37
Thank you so much
Darkside999
Bitcoin ruined the party
Cryptorphic
@Darkside999, Not yet
Darkside999
Let's goooo
Cryptorphic
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