kumo twist +channel. riding all the way to 1.6fib
The rolling three-day signal for Icon (ICON) is "Don't Own". This is day two of the three-day signal. The signal will be updated again Saturday. For further details or discussion, feel free to leave any questions or check out signature/profile.
You can easily see the opportunity. Guys really trade with at least %5 SL
# STOCK RSI (D)=> extreamly Oversold # ICONex Token launch platform coming # Sponsering consensus 2018 # DEX launch 30 June ** I am not a financial advisor neither professional trader. This idea is just for my own educational purpose.
I expect a bounce off .382 region. Has good confluence with the upward trend support. Short term ema fib cross before the push to 5027, retrace to 4866, then towards .5 & .618 region
We have completed the first two waves wave 2 is 0.618 fibonacci retracement of wave 1 as expected. Our Target for wave 1 is 1,6-1,75 Fibonacci Extension of Wave 1. Place your stop Loss carefully. If this plays out as expected you can lock in 20% profits.
ICON failed to stabilize above the lower median line (LML) of the ascending pitchfork and now is trading in the red again. It is expected to drop to retest the outside sliding line (SL) of the ascending pitchfork. A valid breakdown will confirm a broader corrective phase. Another long opportunity could appear only after the SL retest and after an important...
ICX is currently forming the last shoulder of the head and shoulder pattern, expect a breakout following my white lines. Breakout of the head and shoulder pattern should lead us to our first take profit area (green dotted line) and complete the cup/handle pattern. From there we can watch for a breakout of the cup and handle or if volume fails, wait for a retest...
- Cup & Handle pattern -> Check - Double bottom played out -> Check - Strong RSI -> Check Strong Fundamentals coming from ICON: 11th May Introduction of ICONest: ICON’s Token Launch Platform medium.com 30th June or earlier ICX/ETH Decentralized exchange medium.com
First Wave with 5 sub-waves successfully completed. Next take profit target at Wave 3 Level.
The rolling three-day signal for Icon (ICON) is "Don't Own". This is day three of the three-day signal. The signal will be updated and shared again tomorrow. For further details or discussion, feel free to leave any questions or check out signature/profile.
Seems like it's finished its big correction from the previous major cup and handle that it successfully completed. I think it's a great time to buy ICX now. In the next few weeks it could be poised to increase. Remember, Patience is Paramount! Good luck!
ICON is one of the great projects and we might see a price surge very soon. ICX has been correcting for a few days now and I guess it will be over within no time. Profit potential 2X (Short Term) Will update the ideas timely.
Daily chart on left highlights Adam and Eve reversal pattern (A&E). With A&E reversal pattern we need the bottoms to be more or less at the same level for it to be valid. On the ICX/BTC chart it is a little stretch to call it the same level, but on ICX/USD it fits nicely. A&E reversal has a V shaped bottom (adam) followed by a rounded U shape bottom (eve),...
Falling wedge - Waiting for breakout After possible Cup & Handle and > 1 Day Chart Catalysis : - Strong BTC - ICO WebPage
Appears to be the start of a new mid term bullish trend. Aggressive entry might be more favorable in this scenario as it will align with buy zone of the uptrend support. Not financial advice. Education and entertainment, only.
I hope everyone held strong during that latest BTC tumble! ICXBTC hit a low of 4250 during this time but has rebounded nicely to 4340 at the time of this writing. We're starting to navigate the upper portions of the green target box that I drew a couple days ago. This is a great area to enter for the intermediate term as we have now formed a falling wedge inside...