letsgetit

ICXBTC: What do you think all?

Long
letsgetit Updated   
BINANCE:ICXBTC   ICON / Bitcoin
Hi All,
Icon ICX Analysis: Using a Swing Trader Mentality.

Uptrend to 0.0002326 or Downtrend to 0.0001800...
60/40 split: Reversal to Target#1 0.0002336 & Target#2 0.0002790
ICXBTC has broken its Solid Support @ 0.0002056, Freefall to ICXBTC : DownTrend...

Traders are risk managers and should preserve our capital...
I'm a firm believer in the ICXBTC project and these are great entry prices...
This is not Financial advice...

Always have a checklist before entering any trade: Long or Short...
1. The Trade setup 2. The Entry 3. Initial Stop Loss
4. Exit and Trailing Stop 5. Capital size willing to risk

No Objectivity or Emotions when trading...
There are only three trend which could occur within any market...
Individual Traders focus too much on trend-line...
Instead of the overall trend in conjunction with the market sentiment...

What I look for before entering any trade:
Uptrend: Higher highs and Higher lows
Downtrend: Lower highs and lower lows
No Trend: Horizontal or sideway pattern

Keep in Mind when trading: Not to be greedy: Use Trailing Stop Loss...
3-5 Bar Declines: it's an indicator to - Buy
3-5 Bar Increase: it's an indicator to - Sell

Don't forget why you got into the crypto sphere...
Only Buy Pull Backs in projects you believe in for the next 5yrs: Long...
Majority of investors are going to sell when they break even: Short...

I firmly believe ICXBTC will make higher high on it's all time high...

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 and like this post if it was helpful, and thank you all...

Like the Phoenix we will rise from the ashes...
Happy trading People...
Comment:
Weekly chart shows bearish.
However, there maybe a reseveral on the Horizon for ICX
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.