Everything is on the chart! ICX is on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are BUYING OPPORTUNITIES! HUGE GAIN opportunity in the coming months!!. We need confirmation end of the week. RSI is clearly oversold on the weekly! NEVER TRADE BLINDLY. USE MULTIPLE INDICATORS TO MAKE CALCULATED DECISIONS. TRADE WITH NO EMOTIONS!!
Meaning: Cup and handle - is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. BREAKOUT IS MEASURED BY THE DEPTH OF THE CUP MOVING IT TO THE NECKLINE OF THE BREAKOUT!
CHARTS DON'T LIE!! Small/Mid size Corrections will happen on this journey to $80 which corresponds to the breakout target of the cup and handle in the next couple of months! Once target is met, a HUGE CORRECTION (maybe 70% dip) will occur. Take profit and buy again for the REAL bull run to begin!
Check out the Altcoin season chart below (Crypto Total Market Cap Excluding BTC ). We are on the verge of another altcoin super cycle Altcoin Season is just getting started!! BULLISH CROSS on weeky!
Bitcoin dominance will die down and Altcoins will take over!! Whales/bots/institutions will be moving their Bitcoin ( BTC ) into the Altcoins, meaning Altcoin Season is just getting started.
Money flows like this: FIAT > BITCOIN > LARGE MARKET CAP COINS > MIDDLE MARKET CAP COINS > SMALL MARKET CAP COINS > back to FIAT, and the cycle starts again.
I have moved majority of my BTC and diverse them into different altcoin positions. (ETH, HBAR, GRT , XLM , XRP, NEO, SNX , BNT, BCH, ADA, LTC, BTMX, LINK, FORTH, ENJ, ICX and NKN are the some of the altcoins I am moving BTC too).
Get ready to have an explosive Altcoin season just like what happen in the 2017 bull market. Once my sell indicators hit, I will be selling my positions to buy real estate, a lambo ;) , and moving the rest to Ethereum to Stake it!
Good Luck!
"If you can't beat the fear, do it scared!"
"Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet.
"Markets are a device for transferring money from the impatient to the patient. - Warren Buffet
"Show me the charts, and I'll tell you the news." - Bernard Baruch
I think its way too far fetched to say $80. That would put icx at 50b market cap, where cardano and xrp at right now. a reasonable price would say about $20 - $25.
bossballer41
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@shaoxuanong, Exactly. People have to realize that not every alt coin is going to reach $50+ anytime soon. The amount of money that would have to be injected into the crypto space for that to happen is just not realistic.
shaoxuanong
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@bossballer41, agreed. ICX has a great potential no doubt. But this overly bullish sentiment is a little too much optimism for me. I could see it going ATH. But going to even $20 is a very bull case already, let alone $80. Thats impossible unless icx has the kind of hype like dogecoin or shiba inu.
harrisssoonnn
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@shaoxuanong, nothing is impossible in crypto, doge proved this
shaoxuanong
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@harrisssoonnn, that is true. But u have to think about doge has elon musk tweet about it constantly. SpaceX thinking about using doge for its moon mission. And everything else. There's hype to it you see? Theres over 9000 coins in on coinmarketcap. And there are thousands more that arent listed there. So picking icx as a coin for a moonshot is definitely very unlikely. Besides, icx doesnt have a high profile CEO like elon to tweet about it. Neither does prominent companies gonna use it for funding.
I do hold ICX and of course i would love it to hit $80. But all this blind optimism really shows alot about market irrationality. Which is true, and might benefitial for me. haha
harrisssoonnn
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@shaoxuanong, i see a minimum of 20$ this cycle. that's all i know
shaoxuanong
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@harrisssoonnn, Would love to know where did you get your source from. mind sharing?
harrisssoonnn
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@shaoxuanong, my own charting, been in this since 2014, seen lots of market structure and know how the alt cycles and btc cycles tend to work. 20$ is a very easy target for icx. Look at DOT at a 30 billion cap yet the tech is worse then icx. icon is at 1/30th that of DOT. People will wake up soon and see this.
harrisssoonnn
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@harrisssoonnn, if icx was to hit dots marketcap, it would be at like 60$+ and i think its very possible for this to happen ..... not far fetched at all. its crypto at the end of the day
harrisssoonnn
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@shaoxuanong, also thats not my opinion, an exchange did a private review or ada and dot and icx and said that when 2.0 comes out it will be better in every way then DOT. You can google this for the info.