Very Basic TA. Cup and handle formation on the daily co-inciding with a breakout above the 50 EMA.
RSI is trending on a bullish divergence
Trade active @ 3540
I will be happy with a 15% gain off this. No official targets
Bình luận
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Confirmed Breakout. Volume is picking up. Keep a large portion of your bag in a longre term hold as this will continue to grow in anticipation of the ICO platform release on ICX
I will be posting charts frequently using T.A to show you all my own trades.
If you like my work then buy me a beer :)
Tip Jar LTC: LLBAtW2sq25XH8NYy7CXg9Dn31iuA3ZtSL
Tip Jar BTC: 1nhEdRKo3cf4iQoxGJbBL8zvNzmNjqXtr
Tip Jar ETH: 0x3cb06d826e0a771e1de7ae376c9c1b94c20eefc7
Tip Jar GAS: AR9r515utLE4NdsF436e29BUM8qhxTq2N1
TheWolfOfPatriotLink
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Breakout has occured.... Take profits if you wish im riding this steam train a while longer
Asma7assan
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I sold ICX when BTC dropped because historically speaking ICX has proven to be very sensitive to BTC drops. wat do you mean by trade active at @3540?
TheWolfOfPatriotLink
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@AsmaHassan, Hey there. From my perspective past performance is not an indicator of future performance, in this case the charts provide a more convincing argument that ICX will perform well in the coming days. Trade active @ 3540 means i have purchased a bag at that price :)
Asma7assan
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@TheWolfOfPatriotLink, what are your indicators that it will perform well in the upcoming days?
TheWolfOfPatriotLink
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@AsmaHassan, Its on the Chart. RSI divergence, Good volume on the 4hr, Breakout of 50 EMA , Breakout of wedge formation. I always look at the larger timeframes 4hr + 1d