# STOCK RSI (D)=> extreamly Oversold # ICONex Token launch platform coming # Sponsering consensus 2018 # DEX launch 30 June ** I am not a financial advisor neither professional trader. This idea is just for my own educational purpose.
I expect a bounce off .382 region. Has good confluence with the upward trend support. Short term ema fib cross before the push to 5027, retrace to 4866, then towards .5 & .618 region
Thats a nasty HNS (not shown) forming thatll break us out of the ascending wedge. Two negatives dont make a positive though. I think it retests the accumulation zone (shown as green parallel). Either way, I dont think this is worth a hold right now. Bulls have gotten rejected by that supply (red parallels) line several times (about 4x on daily). The only real...
2nd TA done. Actually bullish in short term cause of the cup formation but mid-long seems to dip noticing the rising wedge that is being formed in the chart. Any comments about this are really apreciated.
As you can see this is a very simple resistance that ICON has broken out of. Overall I am bullish at the moment and do expect to see further gains
We have completed the first two waves wave 2 is 0.618 fibonacci retracement of wave 1 as expected. Our Target for wave 1 is 1,6-1,75 Fibonacci Extension of Wave 1. Place your stop Loss carefully. If this plays out as expected you can lock in 20% profits.
big daddy weekly chart very tight right now. super bullish on this project waiting for this break out
- Cup & Handle pattern -> Check - Double bottom played out -> Check - Strong RSI -> Check Strong Fundamentals coming from ICON: 11th May Introduction of ICONest: ICON’s Token Launch Platform medium.com 30th June or earlier ICX/ETH Decentralized exchange medium.com
BINANCE:ICXBTC next event: May 11th - ICONest Webpage Launch
BINANCE:ICXBTC next event: May 11th - ICONest Webpage Launch
First Wave with 5 sub-waves successfully completed. Next take profit target at Wave 3 Level.
Technical Analysis: - Cup and handle formation seems to still be in play Possible 30+% trade if Target 1 reached - Awaiting bullish cross of the bars & 34d Ema Support/Buy Zones ~4000-4200 sats ~3550-3750 sats Fundamental Analysis: - ICONest Webpage Launch - May 11 - ICX / ETH Decentralized Exchange (DEX) Launch - End of June Short term (1-3 days):...
Seems like it's finished its big correction from the previous major cup and handle that it successfully completed. I think it's a great time to buy ICX now. In the next few weeks it could be poised to increase. Remember, Patience is Paramount! Good luck!
ICON is one of the great projects and we might see a price surge very soon. ICX has been correcting for a few days now and I guess it will be over within no time. Profit potential 2X (Short Term) Will update the ideas timely.
Hello Traders! Looking at the 4 hour chart, we see that ICON is in the process of finishing right shoulder of this inverse head and shoulder pattern. This idea is reinforced by the formation of bull flag formation indicated in the chart (white) The target for the bull flag breakout is 54150 Satoshi (orange line) and this level has acted heavy resistance...
We are still correcting and sloping downwards. I am watching for a clear break out of the channel, supported with good volume. Also the 0.5 fib level is a level to watch. Overall, ICX is looking strong in my opinion. However, we must consider that BTC can mess things up.