ICX TA regarding upcoming ICO-Platform and IISS launch 30th April. medium.com
ICXBTC nearest major resistance. Once it breaks upwards with a great volume, enter a long position.
Here I am projecting the possible medium/long term outlook for ICX. This projection takes into account the possibility that wave 1 is now over. Below I have added some additional sub wave counts for wave 1 - just to play Devil's Advocate!
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
I believe the Dec/Jan move was a 'macro' wave 1. Wave 2 was a WXYXZ correction - the last wave was a B wave that ended in a truncated C, this is not wave 1! Waves 3,4,5 will be included in the next move. Wave 2 was long and drawn out so wave 4 will be fast and sharp.
ICON showing signs of strength again after 36% correction from Bitthumb pump Signals: ICX having a hard time breaking through 3375 resistance, which is the 0.382 fib level RSI: Very strong. In crypto we know the RSI is very accurate at predicting short term price drops, and this one is approaching the overbought zone on the 4 hour. However, a very strong RSI can...
The 3-3-5 is there and complete..... which would make it a 1-2 move rather than a c wave
We might see a little push up however i dont see it likely Its short time. Unless your longterm holding. I see btc breaking so Icons price will only move up with it going down or staying relatively the same. I dont for see a huge drop however looking at it as a 1-2 move in wave C we could go lower than target and hit the 1 for 1 on C wave again
IFFFF We are done going down, (which is a major condition for the divergence to work out), then the next target around 3.50 before red line.
Big hidden Bullish Divergence that starts at $2.20 ends at $3.70 Next Target $5.20 before march 29 (Growth of 40$)
Pair: ICX/BTC Exchange: Binance Trade Duration: Medium Risk: High Signal Strength: Medium Introduction ICON is an interchain blockchain that connects various blockchains such as Bitcoin, Ethereum, and Qtum. Firstly, ICX is used as an intermediary cryptocurrency. ICX enables transactions among different cryptocurrencies by determining the exchange rate...