With the price of ICON having just been rejected by a long downward trend line and bouncing off historical levels of support/resitance; and a strong Sell signal from Crypto Tipster v2, we're thinking now is the time to Short ICXUSD!
There may be a little turbulence on the way down, but it's a long way down when you consider the next major support won't be until...
ICXUSDTPERP zone support and resistance , double bottom which shows the trend is upward but trade safe and wisely. Always keep an eye on BTC dominance and BTC move, market depends upon it.
ICX technicaal analysis and long and short trading.
ICX recently touched the top of the channel.
ICX has a lot of good things coming but the trend is your friend.
MACD has turned to the downside (lagging indicator but ....)
Momentum indicator shows downward momentum.
Be careful with this coin right now, best buy opportunity would be on the bottom of the trend.
At this time we see a corrective wave with ICXBTC (ABC). With a textbook pattern for wave 2. It seems that there is a third wave starting now. It's projection would give us point C. However in a bullish market we could see a flat pattern. Both points are also supports, which makes this forecast plausible. Let's see how this will work out.
$ICX
Leaving a lot to be desired. Personally I wouldn't enter here until ICON gives me a reason to; aka breaking above the POC (yellow) on a daily close. I want it to show me strength before I throw myself at it.
Hi All,
Hope all your trades are going well
The trader mentality
"Is not what you don't know that gets you in trouble, Is something that you know for fact that is not true" Warren Buffett. Hence, It's good to be confident. However, we should not think that something that should happen,...
This is our Prediction for ICX
Best of Luck.
Crypto Stars.
Please don't forget to press Agree, leave comment and follow us, we'll appropriate that a lot.
Correction was expected, now bottom bollinger touched on 4h chart and RSI lookt very good to get a lift off.
Further, i compared the ICX chart with EOS and ICX is following behind EOS, if this path follows, we maybe even get a moonshot within a few days.
Comments are welcome
![ICXBTC: ICXBTC - [4H - Short] - %8](https://s3.tradingview.com/k/k3KsFeVU_mid.png "ICXBTC - [4H - Short] - %8")
