2.618 5th wave extention and 1 to 1 wave 3 to 1 wave which means wave 5 will be EXTENDED. I would wait until wave 5 to get off because wave 4 will not retrace heavy
Will update obviously with new info in
Not good Great. Id wait to see if we hit 1 to 1 extention to get of5thf if we hit it exact just ride to extended 5th wave
ICX looking for its next leg up. In consolidation for a while now after the pump as a result of the Korean exchange listings. Bullish divergence on the RSI. Price wicked into the cloud and was rejected, but we should see it break through soon. Low volume a concern.
Testing the trend or back to support at 4951 or drop below to 4677. Any thoughts?
ICX approaching the end of a large descending triangle, typically a bearish signal suggesting continuation of our downward trend. Watch for a downside break past bottom support and increased volume for confirmation. In this scenario, after a break down, we can expect a brief return to 5800 as support turns to resistance, followed by strong downward...
Here is ICX after finishing the cup, is going for a handle and exactly in the buy zone i have put few days before. I believe it will consolidate there for a while before breaking out. Keeping it on my close watch list.
Hello guys, We are looking at 4 hour chart of ICX. I have noticed this pattern and they all took around 2 days to 3 days before reaching all time highs. Let's see if this plays out and if BTC lets ICX to do that. Also, we have major key resistances on those areas of the line. Another scenario that I have is that we need a major correction, which this would...
ICX is a great project and reviewed by many experts as a good long term investment. But this chart is for short term trade maybe less than 30 days. I am hoping to get a spike of at least 10%.. timing and profitability can be influenced by BTC and volume spike. Ichimoku cloud is bearish but the average price range should be way more than the current price (positive...
Right now ICX is trying to smash resistance and building consolidation to move up as it goes along. LETSSSGOOO
In my previous post I highlighted the downtrend that ICX is currently in, and how there is no clear indication of reversal yet. It actually even broke the lower white triangle support and is now trying to get back in. It could be a coincidence, it could be faith. But because of breaking that triangle for a moment there, a nice fitting cup & handle pattern...
NOTE: I PULLED OUT THE CRYSTAL BALL ON THIS(I prefer to use a btc/eth pair but due to limited data i made a temporary exception) BINANCE:ICXUSD is at its previous bottom where it seen a nice bounce last time but stayed within the downtrend channel. I have been placing buy orders within the green bar, use your own judgment on stoploss. Limited trading data on...
BINANCE:ICXBTC BITMEX:XBTUSD All, I will update as I go along. Please read the chart for my indications on an ICX reversal. The chart is in 2D so this does not mean buy now. You need 1D or 12H full reversal candle conformation. Will update as it progresses. ALWAYS keep an eye on father BTC. Up or Down it can create further decay of ICX.
1) ICX has been in a beautiful upward trend channel ever since its listing on Binance on December 19th 2017. 2) When it broke support of that channel beginning of February, it plummeted in a very nasty downward channel from an ATH at 9234 sat to 4577, practically half. 3) Ever since, it’s been in a downward triangle formation where price hits the resistance line...
ICX could be forming a cup and handle here, watch closely.
Isn't the absolute bottom, but with $BTC current volume, doesn't look like it will drop more. Look for ICX to start to retrace in the next 12-24H.