In my last post I talked about a bearish scenario relating to the ICX/BTC pair. This scenario seems to not have played out like I thought it would have with Bitcoin's price jumping from $6586 to $6870 at the time of writing. The ICX/BTC pair also experienced a jump in price today with it going from around $1.85 to $2.04. This price action seems to have set up...
Icon (ICX/BTC) broke the descending daily trendline and rallied up to the resistance around 0.00045. We saw a divergence between price and the RSI before the start of the rally which could signal that the buyers are in control at the moment. Price is now coming down to the previous resistance level around 0.00032. If this level holds as support we can see price...
Big hidden Bullish Divergence that starts at $2.20 ends at $3.70 Next Target $5.20 before march 29 (Growth of 40$)
Icon currently in WAVE 3 and inside of this subwave 4. Expect a slight retrace to 23% FIB of around 0.0004200 and onwards to our medium term target of 0.004900
#ICX ICON is showing strong support on the .236 and it's getting some volume. DO not buy without stop loss. Personally I would set it around 27 on the fib. I am not a financial advisor, just a dude playing a dude, disguised as another dude making observations.
TA: Bullish TK cross on the four hourly after a breakout. Catch the retrace of the breakout on ICX. FA: Bullish on fundamentals on the possibility of Korea easing its ICO ban Medium term play
I made the call that the baseline of the correction would be found at the 0.0002550 - 0.0002600 level, and it bounced beautifully for us right off that mark. It had been following the fibonacci levels perfectly ever since its release. After forming the descending channel that led to the baseline it bounced straight off that level and formed a new upward trend...
1) ICX has been in a beautiful upward trend channel ever since its listing on Binance on December 19th 2017. 2) When it broke support of that channel beginning of February, it plummeted in a very nasty downward channel from an ATH at 9234 sat to 4577, practically half. 3) Ever since, it’s been in a downward triangle formation where price hits the resistance line...