ICON ICX/USDT Bullish. LONG. Breakout soon.ICON looking like a breakout is imminent. Great risk to reward almost 1:5. There are multiple targets that have been hit. However be aware there is a big algo target wanting to take this a bit lower first. Play safe
Entry 1: Below 0.3850
Stop: 0.3350
Entry 2: Wait for breakout, candle close and retest of range
Stop: 0.35
Entry 3: 0.3080 Algo target
Stop: 0.2990
Target 1- is 0.5 Fib from the first lower high. This is a technical pivot used by the algos:
0.5320
Target 2- is 0.5 Fib retrace from the high, this is also in confluence with the 0.618 Fib from the first lower high:
0.5751
1st lower High, Technical Pivot:
Algo Target:
0.618 Measured Move Projection from 1st Lower High Technical Pivot:
3D Ichimoku:
1W Ichimoku Testing Strong support:
Warning Algo Target @ 0.3071:
1D Chart
Bullish Divergence on RSI and MACD
Warning High Volume Node @ 0.3338 Has not yet been tested
Will the Buy side Algos be lost @ 0.3197 (0.707 Fib) or Will there be a liquidity grab?
Never Trust. Verify.
D.Y.O.R . Not Financial Advice, Just My Observations.
Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
ICON
$ICX ICON PREVIOUS HEAND AND SHOULDER PATTERN PLAYING OUT!PREVIOUS HEAND AND SHOULDER PATTERN PLAYING OUT, Completely Out Of The Ascending Channel
Possible To Have A Lower Low.
If 200MA Does Not Hold, It Will Be Bloody!
Although We Are Right With Our Plays, I Am Very Disappointed With What ICX Is Doing As A Long Term Hodler. Price Movements Are Very Volatile. Sure It Has Pretty Good Support Levels But Couldn't Sustain Higher Prices
(This Is Probably Due To High % Staking Rewards, Which Investors Are Taking Advantage Of. - Passive Income And Profit Taking)
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This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
Icon ICX - Head and Shoulders to the upsideThis coin have so much potential from fundamental page. I see Head and Shoulders forming on 1h timeframe, also with trendline / falling channel. ABC correction is completed and also the right shoulder is in the same position as left shoulder, which is great. If you are interested in signal channel on tele-gram, please contact me @RobertWise. Bitcoin dominance is falling, that is also very good for the price of this coin.
If you like this technical analysis , please hit the like button and follow me for more of these ideas!
ICXUSDT AnalysisBoth EngineeringRobo and I are bearish about ICX at the moment. No trade is recommended.
If you are interested in buying:
- You can await EngineeringRobo buy signals.
- You can buy at the 0.382 or 0.182 support level
- You can buy if candles open close above the uptrend line.
After you buy, watch closely for EngineeringRobo sell signals! If you want to use EngineeringRobo, DM me!
Icon (ICX) - September 15 (1W)Hello?
Dear traders, nice to meet you.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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It is believed that the bottom section has been completed as it has risen above the 0.37715000-0.46466682 section.
We have to see if we can get support at 0.46466682 to create a new wave.
I think a certain period of sideways is necessary because it has formed a bottom section for a long period of time and has risen.
It is worth paying attention to where you are getting support during this period.
It is supported at 0.46466682 and is expected to create a new wave as it breaks through 0.60569579.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
Icon looking Bullish. Watch MACD crossoverFor over a month now, ICXBTC is trading above the Ichimoku cloud. Beginning of the month it perfectly bounced back of the support of the cloud which is a bullish signal.
Now we are also seeing a MACD crossover incoming. When the MACD crossover is realised, I will be very bullish on Icon.
Another bullish signal is a rise above the Kijun Sen (blue line).
My targets will be:
1st: 0,00005526
2nd: 0,00006825
Don't miss the great buy opportunity in ICXUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5885). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ICXUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.6736
TP2= @ 0.7319
TP3= @ 0.8037
TP4= @ 0.8713
TP5= @ 0.9578
SL= Break below S2
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Don't miss the great buy opportunity in ICXUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5885). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ICXUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 0.6736
TP2= @ 0.7319
TP3= @ 0.8037
TP4= @ 0.8713
TP5= @ 0.9578
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ICXBTC GATHERING STRENGTH FOR AN UPWARD MOVE?— 70/100DAYS OF TA
Time Frame: Daily, 4Hour, and Hourly
Hi guys,
Welcome back! Day 70 of the 100 Days of TA is here! Today's spotlight is on ICON (ICXBTC). I talked about ICON next direction and the whys. I showed some high probability setups here, what usually happens and what would happen.
Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section.
Always remember that this is Technical Analysis and it's a game of probabilities.
Thanks for coming today!
See you tomorrow!
ICON getting ready for a quick leg up!Hey, I am back with another Crypto Analysis.
Today I took good profits out of Dot coin, over 50, I've been more greedy than usual in this trade.
I think it still has potential to rise, but I expect at least a correction.
Enough about Dot as we don't have much time as ICX is trying to break the downtrend line.
So this should be pretty quick trade, buy in the downtrend channel or buy the breakout, 11% is a take profit from current price.
Good luck with this trade!
Tibor
ICON - very bullish future. all eyes on iconICON is working in Korea with the government and actively applying its technology to all sorts of applications ranging from solutions like crypto to crypto interoperability, high grade encrypted data management, as well as governmental and public blockchain ID systems.
volume is incredibly high and it has just broken through a resistance level that hasnt been broken since november 2018, signaling a strong trend reversal. the bottom was likely in December 2019.
ICON Quick 15m Breakout trade!Hey, I am back with another Forex idea, this time looking at ICX.
As you may know ICX is breaking out, and currently is about to perform another leg up.
So the price has been going down in a very tight selling channel, this is a indication of bears exhaustion, buy in the support area or market buy into the breakout.
Good luck with this trade, I am taking a part in it!
Cheers,
Tibor
ICON Is Only Getting Started!This altcoin trading pair is now above all major EMAs including EMA200 and EMA300... Opening the doors for massive growth.
On the chart above, we have the next target mapped (magenta) and also the important support levels (blue and red).
Remember to do your own research and build a plan before you trade.
This is not financial advice.
Namaste.
ICX - quick heads up !!ICON is breaking out at the moment after a 7 month long consolidation pattern (show in the rectangle).
You don't wanna miss this.
ICON has huge partnerships (Samsung), great Venture Capital Fund backing and is the favourite blockchain in South Corea !
IT'S JUST STARTING TO MOVE !
ICXBTC fighting MA / Falling wedge - Bullish action?ICXBTC is broken out of falling wedge. The possible gain is shown in the chart. Maybe we get a pullback at this stage, but we have to find out. This could give us the confirmation of the first wave of the new set of impulsive waves. Interesting trade!
ICON Cup and Handle Pattern Spotted!Cup and handle patterns spotted on the 1h timeframe indicating that bullish action is likely. After breakthrough there is very little resistance and massive room for growth, you can see this on the ICON/USD chart as well.
However, don't forget to do your own research before trading ;).