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ICX - Daily Indicators Moving into Bullish Territory - Get ReadyLooking at ICX's daily chart, I see several bullish signs emanating from the indicators which signal it will soon be time to go long on ICX. The Daily MACD just cross the zero-line which is a instant bullish sign to me. However, the zero-line can also act as resistance. I see that the RSI and price action are right at resistance. So rather than pre-mature this trade, I will wait for the price to break with some volume and stay above resistance. Also watch for the RSI to break 60. Confirming both of those should be strong evidence of an incoming bull run. And as always, be cognizant of Bitcoin. After a week below the daily MA200, I think its important to remember that Bitcoin is weak and could cause this initial trade setup to break down. This is just another reason to wait for confirmation to the upside before committing to this trade. Did my idea help you make a successful trade? Donations are always welcome and much appreciated! BTC : 136dZZ2XyUirYUX1nUXwrU6sGgaBNPiFnU ETH : 0x2fda8b3ebf9f03078d2e4657ebca5c41ed020bf6 XRP : rPVMhWBsfF9iMXYj3aAzJVkPDTFNSyWdKy Tag: 395032582
by jpbrown1023
ICX Possible new Uptrend formingICX recently broke out of downtrend pattern on the daily. Touched MA50 and currently above MA20, expecting squeeze between those 2 movinge averages (green & blue) Now why do i anticipate a possible uptrend? - Broken above MA20 with increasing volume (possibly with the start of Pre P-rep voting & staking). - Bounced on MA20 (allso golden pocket on FIB retracement tool) after correction. - Candles showing higher highs and higher lows. - RSI broke above RSI resistance at 50 and 50 is validated as support now. - RSI allso in uptrend. - MACD showing uptrend. At time of writing allready 81 million ICX staked and rising: tracker.icon.foundation If ICX breaks up, targets are: TP1: 308 sat TP2: 380 sat This is not financial advice, DYOR and enjoy the show
Long
by Dmoootje
ICX/USD - Decision is a risk rooted in the courage of being freeHi, today we are going to talk about Iconoclast. The ICX has been showed interesting patterns, such an engulfing six days ago, followed by a breakout of Downtrend Lines. However, the ICX it's facing an old and strengthened Downtrend Line, that resistance gives the need for restraint and cautions for trades because its a definition zone to the continuation of the Bullish movement or the beginning for a corrective movement from the Bears. Thank you for reading and leave your comments if you like.
by Igor-Silva