On perfect track Possible extended 5th to give us more room for the 4 wave drop
We've seen a beautiful cup & handle on ICX. It's going to meet some resistance at the green shaded areas, but it has so much more room to grow.
This is my first publication, please be gentle. i made this yesterday and it bounced on the long support. Its now in the green pitchfork channel. i see two scenarios. or it stays in the longterm downward channel hitting first resistance and contineuing in the flag. Or it breaks out of that channel confirming uptrend where it will hit next resistance (00048sat)....
Nice breakout happening above last resistance
I am long on ICX anyway, and definitely biased. But this is a great exchange Noticed this Cup and Handle Pattern Check out the link above. Also, the second Screenshot is just gonna complete the "cup" of the LARGER Cup and Handle Pattern **Where we are now:** (upload://yCRThvU9lI4GjULOXgTCwfMX9sQ.png) **Zoom out:** ...
Not much to say here... ICX forming a cup and handle pattern. There should be some dips to 38-42k for entry then shoot up around 56k assuming the market doesn't crash in the meantime.
I am seeing a clear cup and handle formation on the four hour chart. Also an article was just published that Pantera Capital a Crypto Investment Hedge Fund is holding large portion of ICX and am very bullish on this for the long term.
ICXBTC resistance broken, formed a nice cup and handle.
These are just my thoughts, painted on a chart. I have identified key supports, and key resistances. Buy the Blue, Sell the blood
I believe this month (May) is totally for ICX. Next events we have: - 30/4: platform launch - 30/6: ICX/ETH dex launch On the chart, uptrend is confirmed. - golden crossed already (strong signal) - no bearish div or any reversal signals - RSI gonna retest also As usual: - stoploss: 3600 (below EMA support) - target 1: 5200 - target 2: 6200 - target 3:...
ICXBTC nearest major resistance. Once it breaks upwards with a great volume, enter a long position.
With the new platform launch and it seems ICX is following the ABC with a FIB cycle. C just bounced off 0.5 Fib retracement, so we are looking at a 1.618 Fib extension in the next few days at approx. 5766 sats. We are getting higher highs and higher lows!
If you are fomoing ICX there could be another safe entry level. Indicators are looking bearish relative to price Indicators also showing a bit over bought. You never know with coins like ICX, when fomo kicks in there's no stopping it. Don't forget to hit the like button or follow me on Trading View for more chart analysis :)
Watch for it not to fall through the lower trend line 4132 sats seems to be the support line ^Still a noob
ICON team is working hard. I just found this news from yesterday. globalcoinreport.com Zoomed out view follows below in my comments. Right now price is good for entry we're at the bottom of the Bull Channel.
ICON/BTC - self explanatory chart for you guys Invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.