The sleeping giant Falling wedge Huge and slow accumulation Bullish divergence RSI Breakout possible
The speculative bubble on the ICNXBT pair has pretty much fully retraced. Now, the orange line and the green trendline together form a strong support area at the 450-500 level, that should hold and it has done so in the past four days. The price is now being squeezed out of the triangle formed by this support and the downtrendline, wich is a bullish signal,...
For the last few months Iconomi has been disappointing for traders and investors. The community constantly demonstrates how frustrated those that held on to this cryptocurrency are. The few optimistic posts aside, more and more people have sold off their Iconomi, often times taking big losses (which can be seen by looking at how the cryptocurrency has been...
trade active over the yellow line,stop is the red line Fundamentals: - Managed DAA´s incoming - icn added in more exchanges - Nice returns on BLX(ICNX) and CCP(ICNP) - Blockchain.ONE listed on traditional exchanges in the next months: medium.com
Several indicators pointing towards possible good buy momentum for ICNXBTn as of september 1st '17 - Daily number indicator reaching 9 with the last candle being lower then the previous two. - We are reaching the earlier bottom area of around 0.005 And there is some good news moving forward. Most important upcoming news/events: - Fiat gateway for Iconomi...
Support can turn into airport any moment. If support breaks now, the next plane is going from the next support line.
bears try to take us down. we was testing an old support but retraced. At the moment we are in a bearish phase, but remember now its cheap and good to buy.
KRAKEN:ICNXBT Triangle formation, descending wage pattern. Fib levels provide ideal entry signal as it has demonstrated strong support. ICN platform and Reddit AMA (tomorrow) should elaborate on the strengths of the platform and strategy to buyback ICN (therefore decreasing supply & increasing price)
It appears as if $ICNXBT is about to breakout of the falling wedge pattern. Fib retrace provide an ideal entry level and the narrow channel forming confirms strong support.
Triangle formation, MACD crossover and RSI indicating that ICN is underbought. Combined with the lack of price movement today relative to the crypto market indicates to me that ICN is about to go very bull ! Fib time signals indicate that a bullish period is about to begin. Hold on tight.
ICONOMI recently saw new highs after the announcement of the platform going online within the next two months. People are now taking profits and it looks like a new cup is forming like we've seen multiple times the past few months. I'm in ICN for the long run and I like to approach it from a fundamental perspective. There are a lot of bullish fundamentals such as...
Altcoins are in a bull run. Here we already see its broke out in this ICN technical play. I think we have an undervalued coin. I always stop when the candle prints under or above my zones, not in them. Why? Because the volatility (variance from the trend) is insane and I don't want to stop out of a good trade.
ICONOMI is almost out of BETA, I have access to the platform, it is amazing and I believe ICONOMI will be a huge success. ICN is very undervalued, and only traded at 1 large exchange: Kraken ICONOMI will not be giving out dividends in the form of ETH but will actually buy and burn ICN the beta platform looks amazing will get new investors in the Crypto...
Short term down, then up. Middle term down. Long term up. No announcements, no news scenario.