ICMCapital

ICMCapital

ADA Has had a solid consolidation for almost 6 months, and is clearly ranging in the range drawn on the chart. A break above 200EMA on the daily would signal a clear buy signal and confirm the trend that ADA would follow up in the coming weeks/months. Furthermore, ADA has broken above the daily ichimoku cloud with a kumo twist in the works. This is a great setup...

ICMCapital Updated 

From the previous trade idea, we can see that BNB has reached its previous ATH (in BTC terms), although the USD ATH is far to achieve but things sure look very interesting. I'll updating my trade in this tread accordingly.

ICMCapital Updated 

MFT trade is active. We are looking at an Edge to Edge trade with a first target of 125 sats. I'll be updating the trade with respect to price action here accordingly.

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From the previous trade idea, LTC has achieved the first target and now we're looking for the second target. I'll be monitoring the price action and act accordingly.

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MFT has entered the daily ichimoku cloud, with a flat senkou span B attracting the price we have a great E2E trade setup. Apart from the cloud, MFT is showing signs of reversal, with a close above 100EMA, the horizontal lines on the second chart show the expected targets should MFT break out of the cloud. Right now, we should focus on the the most likely scenario...

ICMCapital Updated 

BNB has been showing some strong moves since the past few weeks, with the price action breaking the weekly ichimoku cloud with a weekly kumo twist playing out. The price action has also broken upwards of the channel drawn on the chart. Most technicals scream bullish, with a very likely C&H pattern in works. The volume profile looks strong too, with increasing...

ICMCapital Updated 

LTC has been at a great spot in this market. Forming a Cup and Handle, followed by breakout from the ichimoku cloud. The only next step is to break the 200EMA on the daily. Looking at the current price action, it appears that LTC is leading the market and hopefully the market will follow this price action LTC still needs to break the dreaded 200EMA before it can...

ICMCapital Updated 

NCASH has broken out of the wedge is now testing fib resistance at 0.786. Interestingly on a larger time scale, NCASH has been forming a cup and handle pattern and has just broken above the pattern. The volume has been steadily increasing and a test of the previous support as resistance has happened. If anything we could see NCASH testing fib at 1.

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We could go sideways for a couple of months if the support is not broken. We made a higher low, implying the support looks strong so far. If we break the first resistance and cross above EMA50, we can see a double bottom in works, which on failure to break the second resistance would further confirm the sideways movement of BTC. The long-term trend of Bitcoin...

ICMCapital Updated 

BTC has been losing its upward steam and now is testing the daily 30 MA back again. Now, looking at the charts with long-term trendlines and parabolic trends, BTC could test the 0.618 fib level, forming a double bottom and bounce off the fib, long-term support and the support of the parabolic channel. The formation of the double bottom could probably take...

ICMCapital Updated 

In the previous chart, I was having a more bearish outlook on BTC as we broke the weekly 30 MA and tested the support of the parabolic trend. Now, we have a more positive outlook on the short term side, with BTC forming an inverse H&S and a possible break out from the 0.786 fib levels and breakout from the cloud. We could see BTC testing the resistance at 11.1k.

ICMCapital Updated 

Coming from the previous chart I made, BTC not only hit the 8500 USD support but also broke through other major supports falling to under 7000 USD. This brings me to the next observation that BTC has only broken down the weekly 30 MA during the 2014 bear market where BTC dipped from 750 USD to 150 USD. Now, we broke down the weekly 30 MA as well. Looking at the...

ICMCapital Updated 

SC has bounced off 200 EMA 4H and is now breaking the symmetrical triangle upwards. The volume is steadily increasing with expected resistance in the range shown.

ICMCapital Updated 

BTC is currently trying to break it's 12k resistance. It is important for BTC to break 14k resistance to continue it's parabolic trend. BTC breaking the 100 SMA would lead it to it's next support at 8.5k USD.

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ZEN has bounced off support and is signs of bull and is forming a symmetrical triangle pattern. MACD, RSI and EMA are all showing bullish signs. Take profits at resistance and look for breakout.

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ZEN has bounced of the support and is forming a symmetrical triangle. MACD,EMA and RSI all showing bullish signs. Book some profits at resistance and look for breakout.

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Stratis is showing upward trend and can soon see it testing the resistance

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Seems to form a rising wedge, with price touching upto $600 followed by a sharp correction.