✳️ICON/USDT Analysis (23/12) #ICX $ICXICX is still having difficulty breaking up at higher price levels because of its selling force is still strong.
0.35$ zone is still a reliable support zone so we could buy if ICX approaches this zone.
I think, ICX will initiate an uptrend in early January to 0.5$ and 0.65$ or even 1$ zones in early February.
📈BUY- LONG
-Buy: 0.34-0.36$.SL if B
-Buy: 0.49-0.51$ if A.SL if B
📉SELL-SHORT
-Sell: 0.64-0.66$.SL if A
-Sell: 0.95-1$.SL if A
♻️BACK-UP
-Sell: 0.34-0.36$ if B.SL if A
-Buy: 0.19-0.21$.SL if B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
ICON
ICXUSDT breaking out of consolidation? Price has been trading within a range that seems to be contracting these past few weeks/months but there are indications we may be seeing a potential change in theme.
Watching out this potential breakout in progress. I'd say wait for a weekly close but a daily close would be a bullish signal too.
ICON - Next Moon Soon!Hi,
Everything is on the chart. ICON is one of my favorite asset because of its fantastic potential and I would like to share my little point of view about it.
Wave 2 should be over (in orange color). We draw a huge beautiful ascending triangle and we compress more and more.
The shareholders' capital still keep on to strengthen.
We should easily hit the TARGET 1 and 2 during the next months (maybe weeks).
It's a long for me!
Trade safe and not with your emotions...!
Cheers,
PS: it's not a Financial Advice.
ICX Growing Soon!ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other. This opens up cross-chain use cases that are impossible without an interoperability layer like ICON.
ICXUSDT formed bullish Gartley | Upto 44.2% expectedOn daily chart, the price action of ICON (ICX) has completed the final leg of Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Potential reversal or buying zone: $0.3893 to $0.3475
Fibonacci projection or sell zone: $ 0.4222 to $ 0.5014
Stop Loss:
The potential reversal zone area that is up to $0.3475 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 44.2% and as per the above-mentioned stop loss, the loss possibility is 11%.
Note: Above idea is for educational purpose only.
ICX a big bullish setupHey friends, hope you are well and welcome to the new update on ICX coin.
Long term harmonic moves:
Previously I shared two patterns with you which ICX has completed on monthly charts. One is in USD market and other one is with Bitcoin pair.
ICX with USD pair Cyhper move:
The price Cypher pattern with USD pair has produced more than 74% rally sofar.
ICX with BTC pair Shark move:
The Shark move with Bitcoin pair has been completed and now the priceline has entered in potential reversal zone for next big move.
A new Gartley move:
Now on daily chart, the price action has completed a Gartley pattern and entered in potential reversal zone.
Formation of wedge pattern:
In the meanwhile on daily chart, the price action of ICON coin has formed falling wedge pattern and having strong support of this pattern and simple moving average as well.
Conclusion:
As on the daily chart, the price action has formed Gartley pattern and has good support of wedge as well. If the priceline of ICX coin will breakout the resistance of wedge then it can work as a chain reaction and the bigger patterns on the monthly charts can be executed as per plan as well.
ICX falling wedge breakoutSTP Crypto Alert 11/19/20 @everyone --
Falling Wedge-- BTC still bullish
Swing Trade Duration -- > 1-2 weeks
Ticker: ICX/USDT
Entry: $.345-.355
Take Profits:$.36, $.365, $.37, $.375, $.38, $.385(breakout area), --> measured move to .45 cents (TP at each increment)
Stop: Set a 7-10% stop deep stop for this risk to reward 20-30% trade swing
TV:
ICX Market IndecisionWe Are Looking At ICX On A Daily Time Frame
-Huge Doji Pattern --> ICX Market Indecision
*Rejected And Still Below 200 MA
Not Looking Good For Icon. Based On Previous Price Movements, ICX Can Have More Downside Movement Especially After The 200MA Rejection
--> A Possible Double Bottom
BUT Indicators Are Gaining Momentum And Setting Up For An Upside Movement
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This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
Still looking bullish unless it breaks THIS key support level*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
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Icon - The sleeping Giant that will rise. ( pre warning )I'm no TA expert and only know basics so allow me. I just know a coin that's primed to explode when i see one.
This green box on chart is the prime buying area for icon and is pretty much a given to make profits from, i'm not shilling anyone to trade this at all .... please do your own research and come tell me i'm wrong, because i'm not wrong.
I have been eyeing icon for a very long time, and i would say out of the 300+ coins i look at most days. This thing is the biggest sleeping giant. It's literally a matter of time before something blows, and we are talking big time.
Icon 2.0 talk and tech will be one of the fundamental things to kick this off early 2021.
Icon is very undervalued right now with correlation to its total supply of coins.
South Korean coins always have such good tech and potential, and icon team have been banging away for the past 3 years bettering this coin. working on things all the time ( Myid )
I know lots of people who are semi big investors who are putting bags of icon into storage. And rightly so.
I'm not saying sell all your coins and invest in icon ...... BUT and the big but. Go off, read about icon 2.0, read about real world use and what it is being used for even right now and then make judgement.
Icon could easily hit its past all time high of 13 dollars ( £9.10 roughly ) right now its sitting at £0.24 PER COIN.
short term icon could make one of its 200-600% gain with a rebound from this buy zone i have marked. How soon ??? Next couple of months depending on what the market does obviously.
LONG TERM ????
Okay so a douse of hopium here . I really do think that ICX will go to top 15 coins in the next 2-3 years of this cycle, If Total market cap hits 1-2 trillion which i think it will. Icon could EASILY hit 20 dollars which would be around a 10 billion market cap - sound mad right ??? well no not really. lets say btc hits a trillion in total market cap which is 1 million million or 1,000,000,000,000 or 1000 billions, icon only needs to hit 10 BILLION to have 20 dollars. You see where i'm going with this right ?? same thing can be said for ALL altcoins, money will run BTC up and they will exit, happened on the first bull cycle happened on the last one and guess what .... it will happen again, people will flood all smaller coins to make even more profits. They don't just stop at btc and stop.
But hey, what do i know. what do any of us know??? answer is nothing.
I do believe all alts ( Top 200 ) will have massive gains from now until 2022 November time roughly. But some coins will revel in profits more then others and you damn right know ICON is sitting at the very tip top of my list.
icon.foundation
medium.com
ICON WILL BREAK OUT OF ITS DESCENDING WEDGE!What Is ICON?
The ICON Project aims to build a decentralized network that allows independent blockchains with different
governances to transact with one another without intermediaries. Anyone can create a new blockchain project and
join the network. A new blockchain project is free to connect with existing projects and create new unique worlds,
or blockchain multiverse. ICON itself can be viewed as both a living organism and an ecosystem.
Source: icon.foundation
-ICON has had a violent correction over the past few months...
-The Price May Take One Leg Lower (Down to $.28, Also Good Time To Buy)
-DeFi Projects Are Not Going To Die.. The Strong Projects Will See ATH Again.. HODL, Weak Hands Will Fold..
The Contemplating Crypto Collective
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ICON (ICX) Big Pump Ahead After This DumpHey friends, hope you are well and welcome to the new update on ICON coin.
Previously I shared idea on ICX coin where I told you that the priceline is at the support of a down channel and up to 367% move is expected. And finally, by the grace of Allah the most high, the price action of ICX started a bullish rally and produced more than 300% rally as predicted.
The previous idea:
If we take a look at the live chart then it can be observed that since start of the 2020 the price action turned bullish two times. 1st in the month of January when it produced more than 424% bullish rally and second when it turned again bullish from March to Aug 2020 and produced more than 550% rally. Now the price action is again moving down. So far it has retraced more than 61.8 Fib level and moving towards 0.786 Fibonacci.
After the ICX team updated their road map on 1st Oct and announced the Gangnam Testnet at the end of Oct, it was expected that the Month of October will be bullish for ICON coin. But the priceline continue to move down and despite this great event, the price action was not affected.
However, I have observed that the priceline of ICON coin may move more down but soon there is a 600% pump expected. So let’s try to understand how much it can be moved more down and when it can start the rally to the upside and what should be the targets.
If we take a look on the daily chart then candlesticks of ICX with USD pair has formed a falling wedge pattern and further more ups and down movements can change this pattern from wedge to pennant soon. The 50 simple moving average is moving down to form a death cross with 200 SMA. And this cross can increase the sell off soon.
Now if we take a look at ICX with USD pair on the long term monthly chart, then it has completed a bullish Cypher pattern and entered in potential reversal zone.
Even though the priceline has completed a Cypher move in US Dollar market but I would not suggest you to place your buying order at the moment. Because the price action of ICX coin is completing the final leg of bullish Shark pattern in Bitcoin market on long term monthly chart. Therefore I would suggest to wait for the completion of this Shark’s leg and let the price line enter in the potential reversal zone of this harmonic move.
The second thing I would suggest before buying the ICON coin we should keep an eye on the movement of exponential moving averages with the time period of 10 and 21 on daily chart. At this time it can be seen that these EMAs are in bear cross. Once the price action will be in potential reversal zones of Cypher and Shark as mentioned above and the EMA 10 crosses up the EMA 21 then we can place our buying orders and set the stop loss the maximum extent of potential reversal zones.
The buying and sell targets as per Fibonacci sequences of Cypher and Shark harmonic patterns can be as below:
Buying and sell targets of ICX with US Dollar pair:
Potential reversal or buying zone: $0.3720 to $0.2557
Fibonacci projection or sell zone: $0.4636 to $0.6829
Buying and sell targets of ICX with US Dollar pair:
Potential reversal or buying zone: 0.00001981 to 0.00000742 btc
Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc
Conclusion:
Even though the priceline of ICX is forming perfect harmonic moves, but we should strictly take care of stop-loss because if the priceline will break down the PRZ levels then it can turn more strong bearish.
Note: The idea above is for educational purpose only, do not take it as investment advice.
ICXBTC forming bullish Shark | Upto 655% big move aheadHey friends, hope you are well and welcome to the new update on ICON (ICX) coin with Bitcoin pair.
On a long-term monthly chart, the price action of ICX is completing the final leg of bullish harmonic Shark pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to Fibonacci sequence of harmonic Shark pattern should be:
Potential reversal or buying zone: 0.00001981 to 0.00000742 btc
Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000742 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets this trade has the profit possibility of 655% and as per the above-mentioned stop loss, the loss possibility is 62%.
Note: The idea above is for educational purpose only, do not take it as investment advice.
ICXUSDT formed bullish Cypher | Upto 167% move expectedHey friends, hope you are well and welcome to the new update on ICON (ICX) coin.
On a long term monthly chart, the price action of ICX has completed the final leg of bullish harmonic Cypher pattern and entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to the Fibonacci sequence of harmonic Cypher pattern should be:
Potential reversal or buying zone: $0.3720 to $0.2557
Fibonacci projection or sell zone: $0.4636 to $0.6829
Stop Loss:
The potential reversal zone area that is up to $0.2557 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has the profit possibility of 167% and as per above-mentioned stop loss, the loss possibility is 31%.
Note: The idea above is for educational purpose only, do not take it as investment advice.