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ICON

ICX - ICON LOOKS INTERSTING FOR POSSIBLE BREAKOUT 1.57+ICON looks interesting for a possible breakout trend, as we did add into the chart view. The target could be 1.57+ with a high time frame that around 38% + Don't expect to fast increase as markets go on their way. it's possible, but manage first good your risk. ✅Like and subscribe to not miss a new idea!✅ Thank you # Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect All our charts are not advice and you are responsible for your own investment
Long
by watchtrend
2
Elliott Wave Analysis: ICXUSD Can Be Forming Wedge PatternHello Crypto traders! Today we will talk about ICON cryptocurrency in which we are tracking the final wave C that can be completed within a bigger ending diagonal (wedge) pattern, where ideal support would be around 0.50 - 0.40 area, where we also see 161,8% Fibo. extension target of wave A. An ending diagonal a.k.a wedge pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave. Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlaps in price, while wave 3 can not be the shortest amongst waves 1, 3, and 5. As you can see ICXUSD can be trading in final stages of wave "v" of C, but final subwave (c) of "v" is still missing, so watch out for that final drop, maybe even a spike before bulls show up. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BINANCE:ICXUSD
by ew-forecast
9
ICON (ICX) Get Ready For The Next Huge RallySupport and resistance levels: The price action of the ICX coin is moving between the $0.60 support and $1 resistance levels. On the weekly time frame chart we have 3 more resistance levels working as major resistances after $1. These resistance levels will be $1.30, $2.30 and $3 is the final resistance as per the Binance exchange. Oscillators: On the weekly time frame, it can be seen that while the price action has found very strong support at $0.60, at the same time the stochastic has also entered the oversold zone and MACD is giving bullish signals by changing from a strong bearish to weak bearish. Falling wedge: Previously we have seen that the price action of ICON was breaking out the resistance of a down channel. But it was failed to break out and moved back into the channel again. This time the support of the channel is lifted up. Therefore, the channel has been transformed to a falling wedge pattern and now the price action is again moving up to make another attempt to break out the resistance of this falling wedge pattern. Big bullish BAT move: On the Weekly time period chart, the ICX has formed a bullish BAT. As per the Fibonacci sequence of harmonic BAT the buy and sell targets of this pattern can be as below: Buy between: $0.9161 to $0.6255 Sell between: $1.60 to $2.64 The maximum extent of buying zone can be used as a stop-loss, which is $0.6255. As per the above targets, this trade has a big profit possibility of 320% and the big loss possibility is 30%.
Long
by moon333
1
ICON (ICX) Big Pump AheadMajor resistance and support levels: On the weekly time frame chart, we have three major support and resistance levels. While moving towards the upside the price line faced strong resistance at $2.30 and after being rejected made another attempt and broke out this resistance. Then finally after finding very strong resistance at $3, the price action dropped down and also broke down the $2.30 support which was previously working as resistance and stopped at $0.60 support level. Is very strong support because previously it has been working as resistance several times. Now the price action is likely to take bounce from here. Different Indicators: If we take a look at the different indicators on the weekly time frame, then the stochastic is moving in the oversold for past several weeks which is indicating that the price of ICX is quite oversold now. For the last three weeks, the moving average convergence divergence (MACD) indicator has started turning bullish which is signaling to a big move in the long term. Breaking out the channel: Now if we switch to the 12-hour chart, then here the price action of Icon is moving in a down channel, and recently it has broken out the resistance of the channel and retesting the previous resistance of this pattern as support. If the priceline will be successful in re-testing this previous resistance as support then it can start a big rally from here, otherwise it ICX ca re-enter in the same channel again. Big bullish BAT move: On the Weekly time period chart, the ICX has formed a bullish BAT. As per the Fibonacci sequence of harmonic BAT the buy and sell targets of this pattern can be as below: Buy between: $0.9161 to $0.6255 Sell between: $1.60 to $2.64 The maximum extent of buying zone can be used as a stop-loss, which is $0.6255. As per the above targets, this trade has a big profit possibility of 320% and the big loss possibility is 30%.
Long
by moon333
2
ICON: Broke below support, dumping. ICXUSDT is looking pretty weak, failing to get close to the ATH of 2018 of $10.28 during this bull run, with only reaching a 1/4 of that at $2.68. With so many of the old guard of 2018, reaching and surpassing their ATH's of the previous bull run, this is a pretty clear sign of weakness. Now that the bull run is looking pretty dead, there are no chances of even getting close to $2.68. More bearish news are: Below our last support in this area Retested support, clearly turning it into resistance Below the Ichimoku cloud Below the 180 EMA Bearish kumo twist Based on all this, I'm shorting from 0.8329 with a STOP LOSS at 0.86 Right now I'm hunting for weaker crypto for shorting during periods of BTCUSDT decline
Short
by CryptoEstratega
2
🆓ICON (ICX) June-17 #ICX $ICXICX is having a strong bounce from the $0.9 zone and it is currently heading towards the $1.40 and $2 zone and it could reach these levels in early July. However, if ICX loses this $1 zone then it easily falls to $0.7 zone 📈BUY 🔴Buy : 0.975-1.025$. SL if B 📉SELL 🔴Sell : 1.37-1.43$. SL if A 🔴Sell : 1.95-2.05$. SL if A ♻️BACK-UP 🔵Sell : 0.975-1.025$ if B. SL if A 🔵Buy : 0.68-0.72$ if A. SL if B ❓Details 🕯Timeframe : 1 Day 📈Red Arrow : Main Direction as BUY and SELL section 📉Blue Arrow : Back-Up Direction as BACK-UP section 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of candlestick is Above the zone 🅱️B : The Close price of candlestick is Below the zone
Long
by CryptoStation
ICON (ICX) The Best Buy The Dip OpportunityHi dear friends, hope you are well and welcome to the new update on Icon (ICX) coin. This is one of my favorite coin that gives a lot of trading opportunities on the different time frame charts. This time it is again going to give us a wonderful buy the dip opportunity. The broadening formation: The price action of the Icon coin is moving in a broadening formation that is moving towards the downside and within this pattern, the price action is moving to the downside to test the support again. Breaking down the triangle: On the daily time frame chart, the price action of ICX has also formed a symmetrical triangle. Now the price action has again moved at the support and breaking down the support of this triangle. On the other side, Bitcoin has also formed the same symmetrical triangle on the daily time frame and already has completely broken down the support, therefore, the ICX is also following the footsteps of BTC. Big harmonic BAT move: On the long-term weekly time frame chart, the price action of the ICON coin has formed a big bullish harmonic BAT pattern and entered the buying zone. During this drop, the price action of ICX may give us chance to buy it from the very end of the buying zone of this bullish BAT, which is at $.6255. Conclusion: On the short and mid-term the price action has broken down the triangle and it can become more bearish. But in the long term, it can start a powerful bullish reversal from the potential reversal pattern of the big bullish BAT pattern. 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
1