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)
Hi, today we are going to talk about Iconoclast.
The ICX has been showed interesting patterns, such an engulfing six days ago, followed by a breakout of Downtrend Lines. However, the ICX it's facing an old and strengthened Downtrend Line, that resistance gives the need for restraint and cautions for trades because its a definition zone to the continuation of the...
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...
Perhaps my finest charting achievement. probably ever.
this is one of those situations that you shouldn't have to think to hard about.
do you have $50 somewhere? There you go.
Feel free to drill down into daily, 4 hour, 1 hour... the clues are there.
Icon team are working hard on the project and with many good news coming this month and onward's, like the upcoming staking and P-reps election, many will want to stake their ICX stack which would drive the price upwards.
I strongly believe ICX/BTC pair has finally bottomed out and will start up-trending.
Levels to watch are the ones highlighted in the chart, ...
Breaking slowly out of downtrend is ICX first reversal sign, possible bullish reversal soon if the RSI and MACD resistance can break.
Wide spread target between 400 sat ( previous support) and could even wick to 550 sat ( launch price when added to binance ) and this in the very short term, long term i'm more optimistic and staking in august is allmost...
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...
ICX seems to be breaking out here
RSI is rising and forming Bullish Divergence
New Swing trading indicator (Testing) signaled BUY
MACD is rising as well
BUY - at the breakout or retest
Target and SL are on the chart
$ICX / $BTC
Bouncing in a tight range with many touches between ~250/300sats
Currently sitting on this strong support, aiming for a new ride to the upside as sell pressure seems exhausted.
UCTS Buy signal on the 6H.
Falling below support is an out ofc.