ICX ICON - Jan 29 Technical Analysis Update - Resistance Break Attempt In Progress

in #icon7 years ago (edited)

Finally, Your Patience Has Paid Off

I would like to congratulate all the holders that have kept strong. This was a nerve wracking few days waiting to break this resistance. We are currently attempting a break above this resistance with the same target between 100K-110K satoshi.

My criteria to enter was finally met with this candle which I see breaking 81000 satoshi and a long wick rejecting the bears at a critical resistance, which is now strong support.

Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

Please consider these videos:

Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Tutorial Part 15 Automatic Stop Sell/Buy Executions

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Thank you so much for your amazing job helping the community. I finally created my steemit account after watching almost all your YT videos and now is time to upvote ;) Keep it up you are doing fantastic

ICON seems to be possibly reversing course and moving to a downtrend. Or is this just a test of the new resistance level? What are your thoughts?

Hello,

Do you have time to give a ICX update! Is there a good entry point? Thanks for your humble knowledge

Upvoted! Do you have a TA on Waltonchain? Seems like its in correction.

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA

lil tip - center your images ;)

I have a big bag in ICX. These next couple of weeks are going to be amazing. Things are looking up!!

Been waiting on this one for a few days day trading in and out for $... now to settle in for the long run after this crazy ETH wall clears! Tks for all your TA breakdown... Learning more everyday ;)