Get started

ICON

ICXUSDT Technical AnalysisICON lost over 75% value last November 2021 till now. So, what will happen now? The candles are triangle and candles on down-trendline. There are 2 way at the moment. First of all candle will stay on down trendline and keep going to lose value little bit more or recent candle will close $0.75 and next candle will open-close completely above the down trend-line. Then we will have an opportunity for buy. Also one of the candle open-close completely above the support line as well. MA strategies hasn't gave us signal on daily chart, but when we look at the 3 hours chart, it just changed directions and gave us buy signal. We have got an EARLY BIRD signal from our robo advisor @EngineeringRobo couple days ago and if the candles are stay above the middle of the line of Bollinger Bands, it may keep gain more. Our next target might be our resistance line ($0.907). Let's follow our chart closely and don't forget the follow me as well. "NFA"
by ABSTOCKER
ICON (ICX) - THE TOP DIP BUY TRENDHello trading friends, There are more coins that did breakdown depending on the last BTC trend - and depending on the green cycle BTC is still not into the long-term breakdown trend as we have not confirmed the important zones. ICX is a coin that is interesting in the long term, and I expect there will be a time that we can see the good trend on it ' Depending on long-term cycle green - even 3 USD + is a possible trend. and the price are now 0,70 Why this chart? This is not a trading call, manage your riks and trade depending on your setups - it is a trend chart to show you the best reader, that this coin could show interesting trends coming time, and depending on TA its on top dip buy coins, even if it breakdown more it's still interesting long term. Have a great day.
Long
by watchtrend
Big symmetrical triangle on the dailyHello Tradingview friends, Today I'm going to cover ICON ICX/USDT pair which looks like it's forming a symmetrical triangle. ICON Project: The ICON Cryptocurrency (ICX) is a cryptocurrency network that was launched in 2017 by a company based in South Korea. ICX is the associated cryptocurrency token or coin. ICON is actually a complete blockchain network, with the primary purpose of facilitating the connection and interaction of various blockchain software programs through the ICON network. ICON aims to serve as a sort of a blockchain hub or a point of connection. The company is addressing an important need in the growing field of blockchain technology. One of the challenges for the widespread adoption of blockchain technology is that each separate blockchain community uses its own network. Therefore, the ability to connect the various separate networks is a major step forward in blockchain technology, which is increasingly being used as a more secure mechanism for the transfer and/or storage of all types of data. Technical analyses: It looks like ICX is forming a big symmetrical triangle which most of the time is a continuation pattern. So how can we decide if it's true and what clues can we find to confirm this thought? A symmetrical triangle is formed by an initial wave 1 or A up (could be down in a bearish trend and up in a bullish trend), followed up by a wave A down, ABC up and another wave C down to complete a big ABC correction. Right now we would be at the end of wave C. This sequence forms the triangle as you can see on the chart. The clue that got me triggered is the "hidden bullish divergence" (green line) and the traditional "bullish Divergence" (pink line) Hidden bullish divergence is when the price makes a higher low but the indicator (RSI in my case) makes a lower low and in this case showed that ICX was oversold at 0.9 ICX/USDT. Bullish divergence : is when the price makes a lower low but the indicator is showing a higher low. So in both cases, they go the opposite direction. This divergence makes a good case and could confirm my thought about this triangle. IF ICX breaks the upper resistance the target would be ICX/USDT 4,76 which is a 357% upward potential. I hope this is useful for you and it helps you to confirm your own thoughts. I'm just another guy trying to make some money. #DYOR Good luck!
Long
by smies1992
1
ICON (ICX) - LONG TERM VISIONHello trading friends, ICX had normally to have better times in 2021 , and depending on more reasons as the breakdown trends, ICX did not hit the target of 3 USD. and was not far from that target. There are more reasons why sometimes it's better for coin to make a return below trend and today ICX is in a place that could be interesting for the long term spot- of course with the expecting that market should be green (BTC) or at last stable. crash markets can make in main way also changes to other coins. ICX has possibilities to increase into long-term to high targets and as best target 3 usd+ in the chart, you will find more targets than the 1.5 USD target. Have a great day @ soon more updates about this coin
Long
by watchtrend
1
ICON (ICX) broke down the support of big triangleHi dear friends, hope you are well and welcome to the new update on ICON (ICX) coin. Broke down the triangle: On a weekly time frame we had very strong support of a symmetrical triangle, but unfortunately, ICX has broken down this long-term support. There was also a 100 SMA support which is also broken down. Now 200 SMA support is still below the priceline which can be the last hope for the price reversal. The stochastic is also oversold on the same weekly time frame which can be also a big support for the price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
by moon333
It Can Be Another Wonderful Reversal Of ICON (ICX) coin.Hi dear friends, hope you are well and welcome to another new update on ICON (ICX) coin. Big triangle and an expected reversal: On a long-term weekly time frame, the priceline of Icon coin is moving in a symmetrical triangle since Dec 2020 and sofar this support is not broken down.There is also a strong support of 100 simple moving average moving with the support to the upside, therefore, the triangle’s support is so strong and not broken down even after a year. The stochastic is also suggesting that the market of ICX has been oversold therefore a power reversal is possible very soon, Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
4
ICON Update: Is it going to bounce?ICX (ICON) is moving in a well-shaped parallel channel on the weekly chart. It has been reacted well to an important level at $1.2 which is also a long-time dynamic support and the bottom line of the main channel. IF it bounces from this level and stabilizes above the EMA200 (Ideally at $1.4) we can expect the price to test the resistance at $2.5. The target price for another leg up for ICX will be around $4.36. If it loses the support $0.65 will be the first level to hold the price.
BINANCE:ICXUSD
by farhadnmd
2
ICX/USDT Mid-Term Trading. Channel. Potential cup.Timeframe 1 day. Important reversal or trend continuation zone. The price is now in the lower part of the uptrend channel with a large step, which has formed a secondary trend. The coin has been in a downtrend since May, currently in the lower part of the large channel. A local double bottom has formed in this area, which in the case of a breakout of the downtrend resistance will become a local reversal formation. A breakout of the zone of the local high level of the top and preservation of the upward trend will give the potential to form a cup in a large channel. The price's breakthrough of the dynamic support of the uptrend (green) and fixation of the price under it (continuation of the downtrend) will give the potential to work short to the level shown in the zone. It is worth noting that even after a 2-month correction, the price is now about +400% of the average values of the "smart money" set. ICX/USDT Main Trend (Part) Timeframe 1 week
by SpartaBTC
7
ICX is ready for somethingI've recently started to use bollinger bands width because in certain situation it can be very meaningful and quicker to use than normal BB. The points I highlighted had similar BBW after an uptrend. After such squeeze there was another one pump but stronger. I don't know if my use of this tool is correct but in any case RSI is showing a little bullish DIV at 4h and VLPR is below current price, it's enough to make me think this is going up. As you can see my support line at 2.16 held already so that support is consolidated, I'd use it as stop loss if I were to enter. I think this is a good entry point. Good luck
Long
by Shotokhan
2