Short then Long based on fibonnacci confluence.
TP of short position at -.27% lines up with overall prend 61.8% retracement area which is a strong sogn of a reversal.
Long retracement at 61.8 should be a prelude to 61.8 extension.
I've been following BINANCE:ICXBTC since their ICO (icon.foundation). It's a truly remarkable project, with futures being traded on HitBTC for over a month now. The price as been as high as $8.00 on that platform, and has "leveled-out" with the launch of proper ICX trading on Binance (www.binance.com if you haven't signed up yet).
We have a very strong uptrend...
#ICX will be the next non-Bittrex coin to moon. We can expect it to break out of the triangle soon and form an uptrend. One of the hottest ICOs of 2017 and will no doubt be a long term hold for 2018. In addition to the technicals being extremely bullish, this coin is a great project and has a lot of hype surrounding it. You can hold for short or long term.
ICX is now accumulating, if it's able to break out of the 4400 Satosis, next target is 7000 - 8000 Satoshi.
Place a Stop - Loos at 3000 Satoshis
Risk/Reward ratio: 4
1.618 Fibonacci looks nice and achievable in the coming days
3hr Chart shows an increase of volume and MACD at bottom starting to cross over.
Just broke out from a downwards trend.
