Priceline of ICON / Tether US has formed bullish BAT pattern and entered in potential reversal zone.
RSI is oversold.
Volume profile is showing weak interest of traders here.
We also have a strong support of 0.1807 sats just beneath the potential reversal zone and price action has already hit at this support 1st time after Feb 2019.
I have used Fibonacci sequence...
Liking this setup here for ICON (ICXBTC) for a mid~long term play if we can break trend.
We are currently testing a daily downtrend from JULY of last year and are 98% down (jesus) from all time high in BTC. This has been one of the worst performers in the alt coin bear market and could finally be ready to turn it around. This one can be a slow mover so I would...
My plan for the upcoming alt cycle, starting with Icon ( ICX ). Well known for its solid fundamentals, high chances this project will be among the high gainers if/when the next altcoin cycle starts.
Currently, we're able to draw a high timeframe falling wedge, and after almost a 98% drawdown a relatively cheap project to pick up.
Aiming for an entry...
ICON has gained weak bullish momentum after the project announced that its planning to give away 3 million ICX tokens to encourage community to participate in the full node election. ICON is about to launch the first stage of its ICONSENSUS program, where its participants will vote on-chain in the election of full nodes. Pre-voting will...
Looking to enter ICXBTC here in 0.0000266~0.0000272 range. Over the past few days we've broken out of the downtrend and successfully back-tested. Closed above the valley at 0.0000271 and now forming uptrend.
This ones a big of a slow mover lately so might take a few days to climb but looks pretty low risk and potential for breakout soon as we've been stuck in...
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...
ICON is gaining bullish momentum in anticipation of the launch of staking on its network. In August, ICX holders will receive incentives through ICX Staking and Voting reward. This would result in about a 15.81% maximum annual reward and could attract more HODLers to its network.
ICON / USD Short-term price analysis
ICON has a bullish...
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.