ICX is without any exaggeration is one of the crypto assets of 2018 which both faces a great hype and a low performance as its been said about it all over the crypto community. As all alternate coins showed a big correctional downward since May, ICX also performs the same way as the other markets. It almost decreases about 5x of its May price and it seems it already created a falling wedge pattern on the 1D chart. On this analysis, we are not recommending to buy this coin immediately on our call, instead traders should keep their eyes on the movement, use a strict risk management system and stop loss order. Besides this traders also recommeded to buy coins on buy orders depending on the flow of the chart. If it can rebound from the lower support of the triangle the probability to see a rebound uptrend is high. Besides this volume need to boost in high level and RSI is in a very low position at around 18. So while see the market bleeds sometimes its a smart move to accumulate some in such dip positions for the long term. To be honest if a trader bought at this dip level there will be an enourmous profit converting on this coin at the end of the year.
Entry Level : 11500 sats- 13000 sats
StopLoss : 9700 sats
Potential Targets :
T1 : 13390 sats
T2 : 14130 sats
T3 : 14720 sats
T4 : 15310 sats
T5 : 16150 sats
T6 : 17220 sats
Mid / Long Term
T1 :21300 sats
T2 : 26950 sats
T3 : 31510 sats
T4 : 36080 sats
T5 : 42570 sats
T6 : 50850 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
Entry Level : 11500 sats- 13000 sats
StopLoss : 9700 sats
Potential Targets :
T1 : 13390 sats
T2 : 14130 sats
T3 : 14720 sats
T4 : 15310 sats
T5 : 16150 sats
T6 : 17220 sats
Mid / Long Term
T1 :21300 sats
T2 : 26950 sats
T3 : 31510 sats
T4 : 36080 sats
T5 : 42570 sats
T6 : 50850 sats
Good Luck.
Legal disclaimer:
Information on this channel is our team's analyst's "opinion" based on data available at this point in time. These opinions are not recommendations to buy or sell securities/commodities and cryptocurrencies. Trading and investing is a risk and you should not rely on this data to make any financial decisions. You must consult a financial advisory licensed by regulatory agencies in your legal jurisdiction. All information stated here and in our reports don't guarantee any possible profits or losses. Please do consider to do your own due diligence and research when making any kind of a transaction with financial implications. With Regards. TeamTWA.
