Maximilian108

ICX, WAVE 5 - mainnet launch, JAN 24th

Long
Maximilian108 Aktualisiert   
BINANCE:ICXBTC   ICON / Bitcoin
ICX mainnet launch is JAN 24th, followed by their annual convention the weekend after. Speculation that ICX will be added to korean exchanges at end of month.

Currently testing the trending resistance line (the upper red line) that was created from the last leg up. Once we break this we have a very strong indicator for hitting our main TP of .0013 BTC

Fib line correlates perfectly with Elliot waves :
Fib .382 - Wave 1 (.00055 btc)
Fib .236 - Wave 2 (.00035 btc)
Fib .618 - Wave 3 (.00086 btc)
Fib .328 - Wave 4 (.00055 btc)
Fib 1.0 - Wave 5 (.00130 btc)

Target 1 - .00105 (Fib .786)
Target 2 - .0012
Target 3 - .0013 (Fib 1.0)
Trade ist aktiv:

Mainnet has launched on time and we have summit next week! Potential listing on coin one at the end of this month and listing on OKcoin.KR early feb when korean volume will kick in! This coin is a strong hodl as we have seen today - short/mid term traders can enter and wait for korean exchanges to list ICX which could easily send ICX beyond this pitchfork.

In this chart update you see I've re-adjusted my lines. The ICX could break through the .00085 resistance zone today or consolidate further until the end of the month, which would give us a very nice ascending triangle.
Kommentar:
Just learned that 5+ teams will be presenting their projects at the ICON Annual Summit!
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