DIGITAL ALPHA UPDATE ICX - For those bottom catchers, 65%
Good day everyone! BTC on the daily is starting to show some doji action, meaning we could be close to our low. Usually we prefer hammers since the price action is faster, isn't that why we are in crypto!? For those that decided it was a good time to re-enter BTC, this trade is for you.
ICX is getting close to its bottom and we are anticipating one more minor drop for ICX, which we want to take advantage of (similar to our LTC trade). This trade has the potential for 65% return on our BTCs, tough to complain about that. Admittedly, ICX has been the most difficult cryptocurrency I have EVER charted...actually, the most difficult asset period, whether commodity, forex, stock, or crypto. There have been many surprises with ICX, but I will continue to learn from it. However, the one nice thing about ICX is that its predictability is tied to BTC. If we know where BTC is going, we know the general direction of ICX, which is what we are betting on here. After analyzing several trades: LTC/BTC, AION/BTC (near its bottom), ETH/BTC with leverage, BTC/USD with leverage, and a few others, this trade has a good mix of high return and low risk if we get the entry we are seeking. The other trades being looked at were either higher risk or 25-55% return potential. Also, I almost always use a stop-loss when trading, these types of trades I tend not too. The reasoning is the wick, which might take you out unnecessarily. We are already very close to the bottom (0.000215).
Our entry we are seeking is 0.000275. If we set a stop loss it would be 0.000254 (and then try to catch ICX at 0.00023). Our exit is 0.00044, with potential for 0.00052. If we enter at our target and exit at our first target, we are expecting 65% returns!
This was just a quick pick for everyone. Again, join our telegram so we can build up our base, for you (see link below)! We want to bring you free ICO airdrops, exclusive deals, raffles, lotteries, and more! Our group will be a fun place to catch up on the market, learn about portfolio management, while getting free stuff. Seriously, who doesn't like free stuff?
Anyways, signing off...good luck!
DA BULL
ICX is getting close to its bottom and we are anticipating one more minor drop for ICX, which we want to take advantage of (similar to our LTC trade). This trade has the potential for 65% return on our BTCs, tough to complain about that. Admittedly, ICX has been the most difficult cryptocurrency I have EVER charted...actually, the most difficult asset period, whether commodity, forex, stock, or crypto. There have been many surprises with ICX, but I will continue to learn from it. However, the one nice thing about ICX is that its predictability is tied to BTC. If we know where BTC is going, we know the general direction of ICX, which is what we are betting on here. After analyzing several trades: LTC/BTC, AION/BTC (near its bottom), ETH/BTC with leverage, BTC/USD with leverage, and a few others, this trade has a good mix of high return and low risk if we get the entry we are seeking. The other trades being looked at were either higher risk or 25-55% return potential. Also, I almost always use a stop-loss when trading, these types of trades I tend not too. The reasoning is the wick, which might take you out unnecessarily. We are already very close to the bottom (0.000215).
Our entry we are seeking is 0.000275. If we set a stop loss it would be 0.000254 (and then try to catch ICX at 0.00023). Our exit is 0.00044, with potential for 0.00052. If we enter at our target and exit at our first target, we are expecting 65% returns!
This was just a quick pick for everyone. Again, join our telegram so we can build up our base, for you (see link below)! We want to bring you free ICO airdrops, exclusive deals, raffles, lotteries, and more! Our group will be a fun place to catch up on the market, learn about portfolio management, while getting free stuff. Seriously, who doesn't like free stuff?
Anyways, signing off...good luck!
DA BULL
Trade active:
and we are live here...
Comment:
We are seeing great volume on this bounce. If you are bearish on btc, this would be your first profit taking opportunity, but long-term you can hodl if you are bullish on btc.
