ICX offering a great platform for many future projects and have actively working system that is being tested in South Korea,
Our indicators show a bullish trend. Let me explain it in more detail;
1) ICX found support on CryptoCholics
2) Green line crosses Red line -> Short term golden cross
3) CryptoCholics is showing entrance of buy...
I believe $ICX is starting its wave 5 uptrend of an Elliot wave. It should find resistance at the peak of wave 3 of this trend drop for a bit and then have one little last push up. It almost looks like a "cup and handle" is forming out from the previous uptrend we had in March with Icon. We could see (maybe even close to) the high ICON had in march of 0.00047890...
ICON showing signs of strength again after 36% correction from Bitthumb pump
ICX having a hard time breaking through 3375 resistance, which is the 0.382 fib level
RSI: Very strong. In crypto we know the RSI is very accurate at predicting short term price drops, and this one is approaching the overbought zone on the 4 hour. However, a very strong RSI can...
Verge has been on a rampage the last couple of days, exploding in price with strong momentum. The strongest catalyst being the knowledge of a pending announcement of a very big partnership (announcement planned for April 17th). It is supposed to be an exclusive partnership with a lot of impact. Hence, we have ourselves an anticipatory price movement.
We might see a little push up however i dont see it likely Its short time. Unless your longterm holding. I see btc breaking so Icons price will only move up with it going down or staying relatively the same. I dont for see a huge drop however looking at it as a 1-2 move in wave C we could go lower than target and hit the 1 for 1 on C wave again
In my last post I talked about a bearish scenario relating to the ICX/BTC pair. This scenario seems to not have played out like I thought it would have with Bitcoin's price jumping from $6586 to $6870 at the time of writing. The ICX/BTC pair also experienced a jump in price today with it going from around $1.85 to $2.04.
This price action seems to have set up...
Icon (ICX/BTC) broke the descending daily trendline and rallied up to the resistance around 0.00045.
We saw a divergence between price and the RSI before the start of the rally which could signal that the buyers are in control at the moment.
Price is now coming down to the previous resistance level around 0.00032. If this level holds as support we can see price...
#ICX ICON is showing strong support on the .236 and it's getting some volume.
DO not buy without stop loss. Personally I would set it around 27 on the fib.
I am not a financial advisor, just a dude playing a dude, disguised as another dude making observations.