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cmougenot
2018년 3월 22일 오전 3시 36분

ICXBTC idea retrace buy zone 

ICON / BitcoinBinance

설명

ICX just reached feb 26th's high, 4H RSI and stochrsi indicators are both overbought, rising wedge, MACD 4H about to cross and go down

a lot of new for ICX, but needs to retrace. 2 potential buy zones that I can see:
20 / 200 EMA zone, which is also 0.382 fib retracement level --> 0.0003489
50 / 100 EMA zone, which is also 0.618 fib retracement level --> 0.0003000

what do you think?

코멘트

BTC is retracing, and so ICX broke the wedge to the downside, as expected. Let see where this goes, I will wait for BTC to stabilize before rushing in, BTC's movements in the next few days will tell us if 1st or 2nd buy zone

코멘트

right on target, hit the 618 fib retracement and doesnt look like it will go lower:
- daily MACD about to cross
- bounced on RSI 40 level
- Daily TD sequential looking positive
코멘트
JMess1990
Bear markets over imo and icx is about to be listed on Korean exchanges with icx/krw pair don’t think it’s going back to 3000 anytime soon
cmougenot
@JMess1990, agreed, but a retrace seems to be the logical next step after a 100% run. 1st buy zone seems more likely. What do you think?
valueerror
@cmougenot,
your first buyzone is my first buyzone ;-)

kash27
Agreed. Would you keep your buy zone the same if BTC were to go down to 6-7k?
cmougenot
@kash27, I can image the two happening at the same time: BTC retraces, all altcoins retrace from their recent bull run.. timing seems to match
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