ICON (ICX) Ready 4 Breakout (50% Profits Potential)

17 Jun 2018

ICON (ICX) is getting ready to breakout. This is a very strong altcoin available for trading on Binance. Really good volume.

Let's take a closer look and position ourselves for a nice, very low risk and high reward trade.

ICON (ICX) Trade by Alan Masters

CHARTS, SIGNALS & INDICATORS

- You can see the triangular pattern on the chart above. ICON is getting ready to move after a 6 months long retrace.
- We have a double bottom on the RSI and bullish divergence on the MACD.
- Weekly closes today, but reversal candle has formed.
- Plenty of room available for growth up in the weeks to come.

TRADE INSTRUCTIONS

Buy in: 0.000282 - 0.000322

ICON (ICX) Targets by Alan Masters:

(1) 0.000378
(2) 0.000432
(3) 0.000475

Note: Use targets as reference only to sell for profits. Not all targets are meant to be reached. Make sure to sell small portions of your holdings each time you reach a target and only leave behind 20% for the higher targets. Here you can learn more: Selling the targets - The Basics.

Stop loss: 0.000210

UPCOMING EVENTS

- 30 June 2018 - ICX / ETH DEX Launch. ICX/ETH Decentralized exchange.


Low risk, high reward...

This is exactly what we need and what we want.

Namaste.

18 Jun 2018

Nota

If you want to do very, very low risk, you can try 0.000280 as your stop loss.

19 Jun 2018

Dagangan aktif

We are getting closer to the breakout point. Will we move up or down?

I am seeing bullish divergence on the MACD both on the 4h and 1d time frames.

We are trading above some small resistance on the 4h time frame as well.

Here is a quick chart for your entertainment:

8 Jul 2018

Nota

Looks like support has been found, if it holds, we are ready to make the next move: