Breakup or Fakeout before continuing further down to 61.8% @ 0.00003337 BTC?
and then a possible continuation upward pump again?
or, more possibly, range bound sideways movement. -- this will depends on BTCUSD.
Continued analysis from:
Continuing on with the ALT coin topic\review where I am creating a shortlist, ICON looks like another great opportunity.
Its another coin and area pay attention too.
I have it bouncing off the 20 Weekly EMA.
I'm bullish bias with many of the ALTs and hence based on the pr evious post on ALTS.LTC, I have it going up.
Close up view, on the 8 HRLY and have...
ICX has been on a small run lately and push beyond 1800 sats. I expect one last push up to 200 MA and the short term resistance block at 1900-1950 sats. This will send RSI and Stoch to overbought and exhaust buyers. This is an important point, if this is rejected hard then a possible correct all the way back to support is probable. Otherwise, a break of the...
Two descending scallops in a row! Will this pattern continue with a third? Small bullish upside expected in the near/short term due to the formation of this chart pattern, as can be seen on the first descending scallop.
ICX recently broke out of downtrend pattern on the daily.
Touched MA50 and currently above MA20, expecting squeeze between those 2 movinge averages (green & blue)
Now why do i anticipate a possible uptrend?
- Broken above MA20 with increasing volume (possibly with the start of Pre P-rep voting & staking).
- Bounced on MA20 (allso golden pocket on FIB...
Priceline of ICON / Bitcoin cryptocurrency is moving within a down channel and now has hit the support of the channel.
RSI is oversold.
MACD turned strong bullish.
Stochastic has given bull cross.
I have defined sell targets using Fibonacci sequence:
Sell between: 0.0000448 to 0.0000752
Atif Akbar (moon333)
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!
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...