ICX Ichimoku cloud breakout

2 בינו׳ 2018

Coin Summary (As of writing):

• CoinMarketCap: 19
  
• Website: icon.foundation/en/
• About: a decentralized exchange that uses smart contract, nothing new... but it is geared towards korean
  
• Developers: github.com/theloopkr/loopchain
• Roadmaps: 2018 is planned
  
• Inception: ICO @ Sept 2017
  
• Volume: ICO volume * 2 = ~800,000,000
  

Fundamentals:

• First well known korean cryptocurrency
  

Technicals:

• Ichimoku cloud breakouts
  
• TD Sequentials had 9 consecutive reds
  
• RSI dipped to a low of ~29
  
• MACD crossover
  

Entry:
0.007242 - 0.007642 (Fib Retracement Levels)

Stop Loss:
0.006042 (Below the ichimoku cloud)

Targets (Based on Fibonacci Retracement Levels, all time low to all time high):
1. 0.008642
2. 0.010042
3. 0.013342
4. 0.016342
5. 0.018542
6. 0.020642
7. 0.024242

I would like to thank the Tradingview community for the resources they have provided me.

5 בינו׳ 2018

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