Icon continuation higherIcon (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 making a new rally up to the resistance levels around 0.00045 and potentially 0.00065
Good Luck,
CryptoTrendline
ICON
ICXBTC confirmed ice breaker!For whatever reason, I've always read ICON's trading symbol as ICE. It is what it is.
I strongly believe that we've broke out of the downward pitchfork pattern. If I am recognizing the first wave up correctly, then this is exciting times and I hope no FUD will break ICX out of it's next wave up!
Here's a closer look at the Elliott Waves and impulse waves.
ICX - ICON ICX/ETHHere is ICX after finishing the cup, is going for a handle and exactly in the buy zone i have put few days before. I believe it will consolidate there for a while before breaking out. Keeping it on my close watch list.
ICX ICON showed its potential and doesn't stop!Okay guys, here is a new Chart on ICON I want to show you, with a possible profit of 66%.
We have seen a bull-run from 21000 Satoshis to 44000 within 3 days. The potential to continue the bullrun is very high, since it was in the oversold area for a very long time.
The ABC correction is done and we are all set for some new waves. As you can see in the chart above, wave 2 retraced to the .32 fib level. This is very unusual since it ONLY retraced this much over the past few days after each run which gives me very bullish signs. The target for wave 3 is at around 60k Satoshi.
The channel I drew in is a potential play zone in which you can decide to go long when it touches the support level. A clearer Chart with more information will follow as more data comes in.
This is no financial advice! Take care and good luck
ICX/BTC in Triangle and indicating a break out on the 1HRAfter a bit of correcting, ICX found a bottom and bounced up into a bilateral symmetrical triangle.
Support seems strong @ the 0.618 Fib line and if ICX breaks below the triangle, there will be support at the solid Red Lines.
StochRSI indicates a reset soon, which could mean a new leg to up!
OBV is staying strong too!
Hoping for a breakout and up! Fingers crossed!
DIGITAL ALPHA Update ICX - ICON do it!OK, Korea is back on the map! Bithumb will begin trading ICX on Sunday March 25th. This is what we have been waiting for in the cypro world. The day is upon us.
So, you want to take profit? For those that wish to take some profit, here are two intermediate price points that you can target. They are 0.00072 and 0.00048.
(For those technically inclined, I'm using fib-trend analysis on the wedge pattern. The higher target was determined using the ATH as a high swing point.)
For those not taking profits, hold on tight!
-DA Bull
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As always - DYOR
Digital Alpha is not a licensed financial planner, financial advisor, stock broker, investment broker, or investment advisor. Before making any trades, check with a financial planner, investment advisor, tax advisor, or anyone else that controls your finances to make sure trading is right for you. The information provided here should not be construed as individual investment advice. All information presented on this site is the opinion of the author only and is not a solicitation to buy, sell, or hold any investment or security of any kind.
DIGITAL ALPHA Update ICX - Bithumb has openedWhat a great day! BTC has entered wave 3 of its primary trend with an upside target of $10.1k AND ICX has hit Bithumb! What news. I will update this as time progresses. For those that see this as very promising, look at all the coins listed in early/mid December on Bithumb and see what happened to every single one them. Yes, it was a the bull markets of bull markets, but is helpful nonetheless. The one to take note on from was XRP. XRP went 10x upon listing.
As far as some analysis goes, Wave 2 is ending for ICX here. Wave 3 is beginning. Not much to chart yet as only a select group has access to ICX in korea. The rest will be able to trade Sunday and Monday.
- DA Bull
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As always - DYOR
Digital Alpha is not a licensed financial planner, financial advisor, stock broker, investment broker, or investment advisor. Before making any trades, check with a financial planner, investment advisor, tax advisor, or anyone else that controls your finances to make sure trading is right for you. The information provided here should not be construed as individual investment advice. All information presented on this site is the opinion of the author only and is not a solicitation to buy, sell, or hold any investment or security of any kind.
ICON: make or break time!ICON $ICX, also known as Korean ETH, plans to act as an unifying fabric for different blockchain communities, allowing them to interact while maintaining their autonomy. It is a very ambitious project comparable with Ark.
Read this great Steemit article about potential as wel as flaws especially of the ICX token: steemit.com
ICON has dropped in ranking, but currently is still nr. 24 on coinmarketcap, not bad for a coin that has been around less than 6 months.. it also tells us, that despite the recent pricedrop ICON ain't cheap!
Looking at the chart we see a downtrend in the shape of a falling wedge. Falling wedges are bullish by nature, but I would treat this one with care! As you can see we are close to the Apex, just as RSI has entered in oversold territory on the daily. This could be the prelude of a bigger sell, where prices leaves the wedge on the downside.. A lot will depend on overall crypto-sentiment.. which isn't to good atm, but nothing changes faster than the crypto-market. Still I would choose safe over sorry here ;)
ICX: The Bulls Are Back in Town!!!Very nice volume and follow through on ICX since it's listing on Korean exchange, Bithumb. Volume starting to dry up, but take this as a signal interest in this coin is REAL DEAL.
Looking forward to a great performance with this coin in the 2018 Alt market rally.
LONG.