• Cryptocurrencies: 3234
  • Markets: 20579
  • Market Cap: $196240989890.7
  • 24h Vol: $56986203655.523

Coin Calls: ICX

ICON – Do Your Thing

ICX or ICON has had its Mainnet launched for the past 2 Quarters – 6 Months. During this period, there has been little transactions over it. One of the reasons could be the vast amount of people abandoning Bitcoin – Weak Hands Theory.

ONE MAN’S PERCIEVED TRASH IS YOUR TREASURE.

ICX has fallen to levels last seen when it first was listed on Binance in Early December 2017.

On the basis of Nouvive’s Macro Level of Bitcoin to move back to $8,000 in the second week of September, this makes the levels stated below the perfect entry point.

The Chart above illustrates that on the 1D chart, ICX will see the prescribed levels below, especially as a result of both falling volumes and the RSI unable to push past the 90D MA on the 6H Time frame. 

By the time the levels are hit, The overall Macro view of Bitcoin would have improved far greater. 

Sentiment on ICON/ICX is also improving. 

Enter buy 25%: 0.0001132

Enter buy 25%:0.0001050

Enter buy 50%:0.0001160

Take Profit 100%: 0.0002524

Profit: 136% – Move Stop Losses up whenever in profit

Stop Loss:0.0000950

Risk: 4%

Time Line: 7 Weeks

 

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