Hello Crypto Friends! Hope all is well. Let's see how ICX is doing on the 4 hour charts. As you can see on our charts circled in green, we had our Golden Cross between the moving averages around April 17th and it's been a steady climb up the hill to our Fib Retracement level target of $4.27. We hit resistance at $4.90 and and came back to take a breather at the...
ICON will rise, very textbook pattern here. We hold 40 rsi, stoch rising, very likely for restest of the resistance. This is safe trade, but you set stop loss to protect yourself from bitcoin drops.
Hey everyone! After a 10.91% correction from its highs, another bounce looks likely for ICON as it is once again trading around support. This trade could fall through so I recommend considering a stop loss somewhere under the support zone. Trade Signals: -ICX hovering around 4700 satoshi's, which has been shown to be our current support level on the 4 hour...
I believe this to be a new sub wave 1 of the next wave up. Looks promising!
The reason smart money is flowing into Icon (ICX) is because of its promise of hyper connectivity. Icon (ICX) aims to connect different blockchains so they can communicate, transfer data and payments among one another. This also makes it a very attractive bet for smart money who can invest big in Icon (ICX) with the confidence that Icon (ICX) will be there to...
Sitting at a huge support zone with a classic cup and handle formation on the daily time frame. Odds are very high for price increase in USD and ETH
On perfect track Possible extended 5th to give us more room for the 4 wave drop
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.
Cup and Handle, and likely impulse wave to follow.
ICX/BTC has been in a heavy downtrend since January 30th. We have seen a selloff to almost the 0.718 Fibonacci retracement level when calculated from the overall first impulse wave up. We recently broke out of the downtrend on the daily chart with high volume and looks to be forming a cup and handle pattern. The right side of the handle has at the time of writing,...
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
For everyone holding Icon: It will correct and the next target is : 2.85 Divergence announcing the correction (yellow Arrows on chart)
Will update obviously with new info in
$ICX - Has very little history to really understand patterns. However, here is your semi bullish count and targets. I do believe this is still the B leg of corrections which means we will still have C to go.