ICX is trying to break downtrend but a double top (yellow dots) has formed. That pattern is also supported by the incoming bear cross (middle chart) and flat RSI (bottom chart). It's also getting very close to the mid BOLL line. There are also 2 spinning tops, which gives me a bearish signal. TLDR: There's a better entry point. HODL off on buying.
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.
ICX support line has held well through this uptrend! New all time high .0009210. Hopefully we see previous all time high of .0008715 acting as support here, if not, realistically we can potentially bounce off the next fib level below of 0.786 (0.0007983) or all the way down to the long term support line. Our next target on the FIB is 1.618 (0.0010827)
Look at the chart
ICX has been a significant mover in the past 3 months, largely due to ties with the Korean crypto community as well as to the Korean government. ICX is here to stay, coming off the back off its annual summit and mainnet release, I expect Icon to have strong growth in February. The FUD as of late has resulted in an oversold position in ICX. ICX under $6 is an...
Los Angeles 11:42 AM. I'm invested in ICX especially with the mainnet launch coming soon. ICX looks bullish if the following occurs: RSI breaks 60+. Price action breaks resistance. Adx black line crosses 25 with fat DMI spread. Macd doesn't have the best setup so it looks like it can run sideways for a bit until bullish break. BTC can outperform ICX in...
This is just an idea. Make decision on your own responsibility.
ICON is gonna be the first S.Korea Blockchain Project will host an extensive range of dApps, including: 1) Stove -> virtual property 2) Bluewhale -> recruitment 3) TINK -> social network 4) UPPSALA -> security 5) AD4th -> advertising 6) @NucleusVision -> internet of things 7) Silkroad -> supply chain 8) Sentinel -> security. Massive billion $ partnership...
ICX is working these FIBs like a charm, if we look at the FIBs in red on the chart we can clearly see a pattern. It reached the fantasy 4.236 FIB then retraced a bit lower than the .786 Retracement FIB. This market seems to do that, it retrace slightly LOWER than the .786 which is unusual but they've done it many times now so the unusual pattern is becoming the...
Icon has gained absolutely perfectly after breaking 0.00500 resistance and has reached it's highest high at 0.00900 We are now watching key support at 0.00700 (Dynamic Support, Fibonacci grid &) where a clean break of this level would open a potential drop to 0.00500 after a formation of Rising Wedge (Reversal) pattern, RSI (High) crossing 40L (an implement of...
If ICX can break through the major resistance at 85K, the next target is 100K (1.618 Fib level). RSI shows a weak bearish divergence and MACD looks like it's about to get crossed so keep an eye out.
Icon testing upper boundries of big ascending triangle. Looking for ~.0013 for next target. Wait for volume spike for confirmation
Icx is done completion. It is time to buy it now. We will see big days to come with ICX. Check previous post. What are your thoughts? Trade with care.
Because ICX broke out of its resistance line it needs support again to reach its new al time high. Let me know what you guys think! -Owen
ICON can be dubbed as one of the best ICOs (12000% return at peak) in last few months. The product is amazing along with the super solid team, which justifies the fundamental price hike. However, as we always say, charts dictate the upcoming fundamental event, its just matter of perspective and how you look at it. On 31st January, ICX is holding a big event and...