My plan for the upcoming alt cycle, starting with Icon ( ICX ). Well known for its solid fundamentals, high chances this project will be among the high gainers if/when the next altcoin cycle starts.
Currently, we're able to draw a high timeframe falling wedge, and after almost a 98% drawdown a relatively cheap project to pick up.
Aiming for an entry...
That's what we are lookung at right now. We think ICX is a sleeping giant. The project really has strong fundomemntals.
The chat is showing a good entry point this week since we are on the 9 buy weekly candle and trying to challenge the descending channel resistance.
Targets for the breakout on the chart
Icon team are working hard on the project and with many good news coming this month and onward's, like the upcoming staking and P-reps election, many will want to stake their ICX stack which would drive the price upwards.
I strongly believe ICX/BTC pair has finally bottomed out and will start up-trending.
Levels to watch are the ones highlighted in the chart, ...
Too early to say if ICX has bottomed yet. But we can see some early reversal signs. Wait for the Breakout & wait for Bitcoin Dominance to cool down. Keep an eye on this one. May help you make quick 50-100% if and when we break out of the zone.
One of the reason why it caught my attention today is because on a day like today when most Majors are down...
Looking to enter ICXBTC here in 0.0000266~0.0000272 range. Over the past few days we've broken out of the downtrend and successfully back-tested. Closed above the valley at 0.0000271 and now forming uptrend.
This ones a big of a slow mover lately so might take a few days to climb but looks pretty low risk and potential for breakout soon as we've been stuck in...
Since I can't find any official documentation about this, I am posting this to help others like me who struggled sorting this out.
When creating an alert, be it a custom alert or not:
- "Once per bar" will not wait the bar close to trigger the alert. If the condition is triggered once but ends up to be false at bar close, the alert will have triggered but will not...
From a wide shot, we notice a bullish divergence in Daily (ICON/BTC) started in 2018, November.
The Master Bitcoin will give probably the "go-ahead" when we will have a sharp correction in its Market Dominance.
The answer... we hope so in the coming months!
Liking this setup here for ICON (ICXBTC) for a mid~long term play if we can break trend.
We are currently testing a daily downtrend from JULY of last year and are 98% down (jesus) from all time high in BTC. This has been one of the worst performers in the alt coin bear market and could finally be ready to turn it around. This one can be a slow mover so I would...