- Watching for reclaim of Daily OB
- Volume decreasing during the end of this sell off, hopefully we are just dipping under OB to remove stops and then reclaim
- Want to see FEB lows NOT BROKEN below 537 SATS but could see it act as the support before the reclaim
- Take profits @ 675, 801 and finally between 900 to 980
- Korean Etherum
$ICX Crossing over resistance at ~700sats as result of the "P-Rep TestNet" announced for April 30th.
If current level hodls, potential next resistance/target could be around 900sats
UCTS Buy signal on the 12H
RSI & MACD rising
ABCD bullish pattern in play
The Double Bollinger Bands on ICX-BTC pair are now in the neutral zone again. Pay close attention to the price action at the middle BB (blue line in the middle). We will update the post once we see where the trend is going and provide you with a RRR setup. At this moment we are neutral and are waiting for price action on the BTC pair, however if BTC makes a move...
ICX providing a nice entry opportunity at this price point. Sitting on support and RSI nearing traditional pivot point. Low risk/high reward opportunity. Potential news catalyst in the works although unconfirmed at this point.
ICXBTC now is situated into an uptrend channel and just broked the falling wedge. In this 1D timeframe we have a bullish setup because:
-We have the first buy candle at MACD(momentum)
-RSI is situated above 50
-Stochastic rising and soon will hit the overbought zone
GOLDEN CROSS coming soon!!!!
Targets for midterm: 0.0000986 ; 0.0001100 ; 0.0001369
ICX/BTC is currently consolidating on top of old resistance from 760-790 confirming the S/R (support and resistance) flip. We also have the 200 day moving average in Red acting as support right within this S/R flipped zone. In the broader picture, we can see ICX/BTC is forming what appears to be a cup and handle formation, and we are toward the bottom of the...
UCTS buy signal still active
MACD about to bearish cross, RSI flat near overbought levels.
I see two potential outcomes, check the chart for more details.
SL could be triggered if brokes below ascending trendline
Icon has made a nice push up towards two of my target zones since my first post (a price increase of around 38% from the time of my post to the recent top). It has since cooled off a bit and has been consolidating. I also made a video about shakeout tactics (linked below) which explains how whales accumulate before the ultimate breakout. This is something you can...
The past few days have seen ICX go on a tear. Today we have seen ICX drop from around 988 sats to the sub 900 range. It could potentially reach the 8 or 13 day moving average (in a wick) before moving back up based on previous price action. I am buying this retracement. Stop loss is set below 13 day moving average on the daily.
Technical Setup in play as we have a confirmed 3-13 ema bullish weekly cross-up plus were printing green bars which says volume is picking up and this uptrend is in play.
ICON is looking great for a swing back above 1000 but you never know when that momo kick in it could see much higher trading prices. Look at the fib retracement for possible...