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
Time Line: 7 Weeks
Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.
Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.