RSI 4h say we heading to re trace nearly all the gain and BTC do the same.
FOR MY EDUCATION/CHART LOGGING/POST-ANALYSIS. PLEASE FEEL FREE TO ADVISE. HERE TO LEARN AND EXPERIMENT. Trying to figure out all the tools on the UI on my own, for now. I'd appreciate any feedback/tips, etc. TY!
Trade at your own risk and let's make some money on the way down.
Look like is trying to make inverse H&S but that would take it out of the triangle. If that were the case then I would jump in on the trade. But for now, as plan, still descending toward 10,500 SAT to finish off the last wave.
After dropping nearly 30% in its most recent drop (early July), ICX has been recovring and building a strong base. Expect bullish reversal continuation and a climb back to regain lost ground over the course of Sept/Oct 2018. This is under the bias that the market has bottomed and as a whole is reversing to the upside for end of 2018.
similar breakout structure as earlier rally. TP @ red lines
First Target: 0.94 2. 0.965 3. 0.995 4. 1.07 5. 1.16 6 . free stop loss 0.81
The opportunity for ICX is to make a fifth wave. It has been following the rules of EW and a last push to around 1500 sats is possible. ICXUSD has touched the 1 dollar resistance multiple times and if BTC would succeed to make a last push, a fifth wave and a push through this 1 dollar resistance could be possible.
When the price move in the bullish channel ,the target will be 1600 satoshi The support level is 1220 satoshi
You can see the descending wedge in the chart which it has been respecting and within the next 24 hours or so it will make a decision on where it wants to go outside of the wedge. Generally these wedges see a break up. Volume is decreasing as it's consolidating as you can see from the light red arrow on the volume bars. Initially from the jump it was forming a...
Let's assume bitcoin stays the same at level 7200 then we have a bit more down in this slow ass pace. Otherwise dump as hell to this support line at 27xx level. for now that's short.
Ready to take off again.
Shortterm trade due to this good bounce: Action on shorterm: Entry: 1270s Target 1: 1760s (resistance on weekly TD sequencial) Target 2: 1980s (abit lower than lowest point of March monthly candle) R multiple: 2.5s + (100 USD betting get 250+ USD) Longterm trade: Starting to accumulate ICX in longterm (for the next bull run in 2 - 3 year), some catalyst - The...
Hello everyone, as you can see in this post we focus on ICX which is making a nice setup for Elliot Wave. ICX has gained huge volume. This volume has not been here before. Even though BTC goes sideways ICX keeps going up. That makes this coin independent on BTC which is a huge advantage in comparison with other altcoins. In the graph, you can see the green...