ICXBTC trade ideas
ICXUSDT is creating a triangleICXUSDT is creating a triangle on a weekly timeframe.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
$ICX, bounce from the never retested ~3400 sats$ICX
Kinda good bounce from the never retested ~3400 sats since the uptrend started on July
Today, spike in volume & a 20% daily candle so far, crossing above ~3900sats
From here, looking for it to hodl/flip the current breakout and show volume continuation toward YTD high
#ICX
Long on icx - cup and handleHi hello,
Do i need to give any explanation?!
If we able to follow the green linr and break resistance we can continue our way up in the btc-pair.
Especially in a kind of falling wedge declining channel pattern that is now on support, when we break the channel up we look to the resistance, what is likely to happen. Give it some days, but i think we will at least try to break resistance and hopefully turn it into support.
Cheers, first some beers.
Here's A Triangle On The ICX/BTC ChartThere's possibility of the this triangle breaking upward away from past support. There's also time to retest the bottom of the triangle first. There's a good chance the support holds and allows price to swiftly jump higher up. It's been forming for over three months now and the measured move is adjusted depending on where a breakout happens. Thanks for looking at this idea.
ICX - undervalued ... ... but btc doesn't care about that. We could still fall between 1200-1750 range. A LOT of great news are ahead for ICX, fundamentals have never been better. Upcoming ICE :ICX 1:1 airdrop. OMM finance testnet is up and running. ECOSYSTEM growing...
GOALS are market with green, RESISTANCE is marked with orange. SUPPORT is marked with red color.
RSI oversoldish on 1D, but as I've said. Could go to 1W RSI oversold soon.
ICXBTC - AnalysisEngineeringRobo is bullish for ICXBTC at the moment. If you consider buying wait for the daily close above the 0.00004650 area support line
As long as EngineeringRobo is bullish and the candles are above the uptrendline no need to hurry to sell it.
If you want to make the quick profit, you can sell it at the first resistance level ( 0.00005850 resistance line) .
Otherwise, just follow the signals.
Good luck & all the best.