wave 1 ended with a fifth wave extension. now im looking at wave 2 and where we can take some trades. right now im looking at wave A to unfold into a ZIGZAG. if thats happens we'll have wave B unfold into a FLAT and wave C ending in 5 waves down and finishing below wave A. ICON is in the making of wave 3 in bigger cycle. top of wave 3 could be as high as 1$. i...
Too early to say if ICX has bottomed yet. But we can see some early reversal signs. Wait for the Breakout & wait for Bitcoin Dominance to cool down. Keep an eye on this one. May help you make quick 50-100% if and when we break out of the zone.
One of the reason why it caught my attention today is because on a day like today when most Majors are down...
One of the only altcoins that shows a clear accumulation at the bottom. Eyeing a 100%+ move to where it fell off vs. the Bitcoin rally these past few months. Scaling in heavy on this one, definitely the alt to watch out for.
From a wide shot, we notice a bullish divergence in Daily (ICON/BTC) started in 2018, November.
The Master Bitcoin will give probably the "go-ahead" when we will have a sharp correction in its Market Dominance.
The answer... we hope so in the coming months!
Leaving a lot to be desired. Personally I wouldn't enter here until ICON gives me a reason to; aka breaking above the POC (yellow) on a daily close. I want it to show me strength before I throw myself at it.
Lead by the Seoul-based ICONLOOP (formerly theloop), ICON (ICX) aspires to build a decentralized network that allows different blockchains to transact with one another. The project's goal is to unify the balkanized blockchain ecosystem through its protocol and community-building initiatives. Potential use cases for ICX include transactions involving securities,...
ICX is signalling for Bullish divergence as the RSI crosses back above 30. Seeing a pinbar bounce off the Bol-band and likely to retrace to the 61 fib at alternated support around 460 sats.
Coupled with a bearish BTC, likely see the Alt market start to rally - However given the ICX/USDT market aswel, this is showing strong support in the order book and also very...
Welcome to this quick TA on ICX.
As you can see a wedge pattern has formed while price coils in towards converging Moving Averages. We can also observe price has broken above the all three MAs, returning back to the mean. The other key pattern printed is an impending GOLDEN CROSS formation, where the 50MA is testing the 200MA.
Three critical points to look out...
CLEARLY ITS STILL FORMING, BUT WE COULD SEE A HEAD AND SHOULDERS FINALIZE AND BREAK OUT. IF THIS HAPPENS YOU CAN BANK ON GOOD PROFITS ON THIS TRADE. WAIT FOR THE BREAKOUT AND CONFIRMATION OF CONTINUATION UP ... TRADE SAFE.
- 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