Hello third time again for today ! I made something, like my own Fibo retracement in USD, to be more easy for beginners & monitoring. ICX got triangle scheme and is very close to reach right appex . BTC falls last days and drags lot of altcoin with. Actually, ICX have only 1 strong support marked by green dashed line. Others are resistances for actual value...
Not looking particularly wonderful for good ol' "South Korean Ethereum," as we've been slowly rolling to the bottom of the hill of sadness and great losses. That said, I'm under the conclusion that we're due for another attempted bull run. Which, if concluded would be highly parabolic and profitable. Based on our somewhat loosely tested support level, we can't...
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.
Currently, ICON is trading very close to the $3.3 support level, that is 127.2% Fibonacci retracement applied to the corrective wave after the breakout of the uptrend trendline. Although price went below that level previously, the weekly close remains above. Throughout this month ICX/USD has already rejected that level and could repeat it once again, potentially...
ICX has seen strong rising support and should continue to rise again, once it reaches the tip of the arrow.
BUY HOLD FOR A COUPLE WEEKS OR LONGTERM
VERY PREDICTABLE SO FAR.... CALLED SIDEWAYS MOVEMENT UNTIL BOLLINGERS TIGHTEN AND THAT STILL IS THE CALL WE ARE IN ACCUMULATION TIME SO ACCUMULATE
I just bought ICON (ICX) lets see how this will play out
ICX is a coin that is absolutely crushing it in OVERALL VOLUME. Chart is very young. I believe you will have a month to accumulate at and around these prices. However could see a parbolic jump to once accumulation is over. Promising alt coin in 2018 based off beginning of chart and volume being tremendous. Remember these types of coins pump hard get off at the top...
BINANCE:ICXBTC BINANCE:ICXBNB Mainly said what I said in the video. Looks like the small downtrend was broken already and heading to correct it self upwards in the near future. Sorry I kept saying strong resistance line when I meant support line haha since there was one right above it.
It looks like we are not out of the bear market yet and Icon is no exception... Hidden Bearish Divergence telling us that ICX could end up in the .00030's This prediction is not instant. It's on a week basis.
Reversal divergence on ICX First : Icon needs to pull back to the .00036 zone Then : Reversal Bullish Divergence should take it back to .00054 range.
BINANCE:ICXETH BINANCE:ICXBTC BINANCE:ICXBNB Easy day chart for ICX reversal.
In this 40-day ICX/BTC chart, the most important thing to consider right now is (2). If this orange dotted line is broken with enough aggressiveness, it will be very hard to obtain a bullish breakout any time soon. The (3) Long Term Bullish Support has already been broken and much momentum will be needed to break past that point again and go on upwards towards the...