ICX has been moving sideways for a while now which might be a sign of a accumulation in preparation of new bull market.
Icon is a solid project with working main net and good team with decent PPT.
Buy - green. Sell - red.
It's not a financial advice.
Trade carefully and good luck!
#ICX daily inverted chart.
New all time low reached. Great risk to reward ratio for longing for a LONG term play. Uncertain about short-medium term due to Bitcoin's uncertainty but if you aren't already scaling in here then you should highly consider it at these levels for a long term investment in a fundamentally strong project.
Reversal Pattern should breach; approximate likelihood 80%.
The Target Area is justified using the common fib levels and the 400MA approximately coinciding.
Timmy!
Hey buds, Taking a look at the ICX/BTC pair today on Binance. Here's the run down.
- Head and Shoulders Bearish Continuation Pattern forming after the long run down
- Support/Neckline is in the 600- 603 box
- Wait for a strong impulse H1 or H4 close either through the support or bounce up
Cheers,
~Chloster
as you see guys it was obvious head and shoulders pattern on daily time frame
volume is dropping
the target of H&S is the length from the head to the neckline
so that would be around 16% dump
I am gonna place low bids just in case flash dump happens
ICX
-Expecting a breakout soon
-Looks good on almost all time frames
We either fall hard or breakout. I'm buying this with a tight stop loss. If it doesn't break out by 01/27/2019 then I will be buying in lower at the long term support line. I would go more in depth with this but am under the weather. I will keep this one updated.
Riding under a long term trend line currently, could go relatively bearish for a bit if not already at the bottom.
Crazy idea but there are 3 trend lines that intersect in April, and sometimes these can be point of major movement or a target for a bounce in one direction or another.
Let me know your thoughts!
TR
ICX alim icin guzel firsat veriyor. hem TOBO iceriyor hem yukselis trendini koruyor. kisa bir stop noktasi iki hedefe goturebilir.
ENG
Possible take profit points and stoploss on the chart.
