The buy zones and gains from Mainnet to Summit. Buy zones = green boxes Support zones = blue lines Major Resistance trendline (bear) = pink Major Support trendline (bull) = purple
ICX is one of the big runners today as BTC price stabilizes. It is at a crucial point for a breakout. If it succeeds, we will get a wave 5 formation. Happy trading.
I'm extremely bullish on ICX is the upcoming month Feb. With the constant fear created by asian markets a decentralized exchange will be the thing people will start looking it. Elliot Analysis supports this bullish trend. Get in while you can! If you made money with my calls, and want to sleep well at night, simply donate :): BTC:...
With great news coming and Koreas opening gates again this is clear, whats going to happen.
Attempts have been made a few times to break from the resistance within the red range (yellow arrows). The blue line is a possible established trend line from the January reaction. If you want to consider it that. The current candles appear to be influenced by this blue line. If this is the case. It could push itself into the green area out of the exhausted trend....
The indicators seem to be bearish at this moment on the 4h chart. In my opinion we will see a dip towards lower levels around 7477 and 7266 satoshis before moving back up. I do recommend to buy back before the mainnet launch on the 24th as that will likely make the price go up again.
ICX mainnet launch is JAN 24th, followed by their annual convention the weekend after. Speculation that ICX will be added to korean exchanges at end of month. Currently testing the trending resistance line (the upper red line) that was created from the last leg up. Once we break this we have a very strong indicator for hitting our main TP of .0013 BTC Fib line...
Potential long breakout on ICON against BTC. Limit and stop shown.
I posted this TA before, basically nothing changed, but ICON became even more bullish in the past days. We still need to break to small lines of resistance before finally going up to to hit the moon targets. Still time to buy at these levels if you believe in next week's run. Enjoy! Thanks for your likes, comments and follows. get more updates from my twitter....
With the dampening of the FUD around Asian markets regarding potential crypto bans, ICX is ready to resume its upward trajectory and move towards new highs. Considered by many as the NEO for Korea, I expect great things for ICX. With it's mainnet release next week and the annual ICON summit the week after I expect huge growth in the coming...
One of my favorite coins, ICX ICX has been following an upward trend and hasn't violated it yet. Do you think the Mainnet Launch could function as a catalyst for a run past the previous ATH?
It seems to me like the we see a big bullish impulse move. If the correction wave 4 breaks the triangle pattern support, it can retrace back to 0.5 fib before it bounces up to begin the wave 5. The target for the wave 5, is the zone between 1.618 Fib extension of 1-2 Waves and 1 Fib extension of 2-3 Waves. The stop-loss is just under the end of Wave 1 as...
What are your thoughts on this one? Disclaimer: I do not own any ICX, this is just my opinion and not professional financial advice. Do your own DD and be responsible with your investments.
The market is bearish at the moment, people taking profits after a crazy run in the last three weeks, 500% to 1000% profits - come on, where else can you get that? Still I'm very bullish on ICXBTC, the price held pretty good in the last days and if we look at the upcoming launch event end of the month - we should see another rally soon. First we have to break...
Redrawing the path to 1.618. Maybe? I'm so new that I'm not even sure I'm within correct parameters of things! Think I am, but can't wait to get that confidence.
One way I see Icon playing out. Retraced to the 0.618 with a strong bounce. Now starting to break the downwards trend. Daily time frame remains bullish , I think we could make it to $15-$20 before mainnet launch. Lets see if this plays out!
ICX appears it could be setting up for a move up here to at least the top of the uptrend trend line. I was a little late to the party and my entry is @7040. The uptrend is clearly defined and I am looking for a possible 50% scale out exit at @9300-9600 in hopes that it can continue to head upwards for a 2x return Happy trading, good luck!