ICON
ICXUSDT (ICON) - POTENTIAL BREAKOUT ANALYSIS 🔎
- ICXUSDT is consolidating in a symmetrical triangle (ST) pattern .
- A relatively big move is imminent.
- There's a breakout potential.
BUY ENTRY ⬆️
- Conservative entry : breakout above the symmetrical triangle's inclined resistancenamd horizontal resistance level (R1).
- Aggressive entry : market price.
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
GOLD FORECAST! WOW!!!!Gold is looking very Nice!! POR POI area has been hit for me. Gold has been making lower lows and lower highs. The probability the monthly and Daily imb above @
$1770 - $1815 getting filled is highly likely. I will look for short term trade to this area. Remember this is the daily chart . This will happen over the next couple days or weeks. I think PA we could see up movement and I will wait for my key Areas to get hit on the lower times. I will then wait to see how PA react to those specific areas before entering short. If I see a nice continuation pattern around the Asian ranges for long I will enter that too the $1780 above. There is some IMB around the $1900 level which could be a nice long term trade. Follow us for more updates EQ
XAUUSD Forecasts!!! WOW!!Gold is looking very Nice!! POR POI area has been hit for me. Gold has been making lower lows and lower highs. The probability the monthly and Daily imb above @
$1770 - $1815 getting filled is highly likely. I will look for short term trade to this area. Remember this is the daily chart. This will happen over the next couple days or weeks. I think PA we could see up movement and I will wait for my key Areas to get hit on the lower times. I will then wait to see how PA react to those specific areas before entering short. If I see a nice continuation pattern around the Asian ranges for long I will enter that too the $1780 above. There is some IMB around the $1900 level which could be a nice long term trade. Follow us for more updates EQ
ICON (NASDAQ) - Change the trendGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
ICON (NASDAQ) - Change the trend
ETH WILL HIT $2400 USD VERY SOON. The Eth Chart is so simple to read. A simple break and retest of the old 2018 ATH's. This will hit $2400 very soon. A simple retest of the 50% fib level. Momentum to the upside is very strong still! Eth will break all time highs soon! Follow us for more upcoming forecasts and trade setups!!
ICX/USDT technical analysisICX looks good at the moment, forming a nice triangle. Bigger volume on the bull run and lower on the pullback. At the moment, icx it's on a consolidation phase and sits right on the 21 EMA ,which it's a strong support. If will break the 2$ resistance area, then price target for short term it's going to be 2.48$ and medium term 3.75$. If it breaks below 21 ema, short term target it's gonna be 1.40$.
BTC BITCOIN $66000 USD INCOMING!!!???BTCUSD has just broken all time highs! The same reaccumulation time period happened again. Will this make a new higher high to Hit $66000 ? I think yes it will! Easily!! BTC rejected the 50% fib level nicely. This means the market is still very strong and bullish! The next couple of weeks are going to be very interesting. Lets see how the weekly candle closes tomorrow. GO BTC!!!! Follow us for more Forecasts and trade set ups!
GBPUSD SHORT!!!!!GU short potential. PA is moving up very efficient at the moment. I will only be looking for a short if we have a bit of a distribution pattern develop in my key area, with Imbalances on the lower time frames to protect my capital to target too. Its coming up to New york session soon, Lets see if PA can have a push up and we develop some sideways movement. If PA pushes up I will keep an open mind to look a for continuation pattern long to fill the imb above! Consistency is the key to success!
Also Daily IMB has been filled. We could see at least a reaction from this PA area, I will only take A confirmation entry as I don't like the PA efficient move up
ICON (ICX) Easy 70% Short-Term + 1320% Long-TermYou know, first, we look at the daily timeframe for our technical analysis and trades but as the bullish market cycle develops, prices move higher, we go to higher timeframes.
Here we have ICXBTC (ICON) on the daily timeframe.
Here we can see strong bullish action after the 3-Jan. low with prices now aiming at the 22 August 2020 price peak at 0.00006900+ for a total of 70%+ potential profits from the current price.
Let's look at it weekly, there is more.
Notice how ICXBTC is now trading above EMA50 weekly, a very strong bullish signal.
The RSI is at 60, which is also super strong when are looking at higher/longer timeframes.
Thanks a lot for reading.
Remember to have a plan and use a stop-loss when trading.
This is not financial advice.
Namaste.
🆓ICON/USDT Analysis (23/2) #ICX $ICXICX has decreased over 40% from the peak and we can see a strong buying force at 1.5$ zone yesterday and the selling force today was stopped around 1.5$. So we could expect a recovery on ICX soon to 2.2$ zone.
If ICX conquers this 2.2$ zone successfully, it could pump strongly to 3$ or even 4.5$ zone.
The March would be a great month of ICX
📅NEWS
👉Mar 31 : Balanced DeFi Launch
📈BUY
-Buy: 1.4-1.5$. SL B
-Buy: 2.15-2.25$ if A. SL B
📉SELL
-Sell: 2.15-2.25$. SL A
-Sell: 2.95-3.05$. SL A
-Sell: 4.4-4.6$. SL A
♻️BACK-UP
-Sell: 1.4-1.5$ if B. SL A
-Buy: 0.95-1$. SL B
-Buy: 0.80-0.85$. SL B
❓Details
Condition A : "If 12H candle closes ABOVE this zone"
Condition B : "If 12H candle closes BELOW this zone"
Icon (ICX) To $31.50 by Middle of July.Hello everyone. I wanted to lay out my thoughts on ICX and where it will be going in the next 4 months.
Currently Icon (ICX) is valued at $1.75 or around there.
I believe Icon will be valued at near $32 by the summer. I have a few things to back this sentiment up. This will take some time and explaining. So if you want to grab some popcorn or something.
First things first, the W%R I believe it will stay supported until the summer. The reason for the support is the continuous work on the platform. Anything above the -20 is considered over valued, but when an asset like icon is
still undervalued it can and will stay up there until a trend reversal happens. I believe that this trend will persist through the summer for the following reasons.
Balanced DOA weekly Airdrip.
ICX scarcity.
ICX Defi.
ICX staking.
South Korean retailer Danal.
The Balanced coin is to be distributed to ICX staking participants weekly starting some time in March. The protocol acts as a debt/collateral loan that generates weekly interest.
In order to collect interest you must first stake ICX on the verified wallets. You must have a collateral to loan ratio of 4/1. So for every $400 you will get a loan of 100 balanced tokens.
These tokens will generate interest over time. And they can be swapped for the pegged value of both digital and physical assets, through the DOA technology. This alone is huge, but isn't all that needs to be considered.
If you have time and are this far, I recommend reading the white paper of the Balanced coin here. balanced.network
ICX Scarcity. There is a circulating supply of 525M icx. As of writing this, it's market cap is close to that of $900M just under a $1B market cap. At the value I believe the coin will go to, $32
the market cap of ICON would be closer to $16.8 Billion USD. This would put it at a similar market cap of ETH when it was $160. Why am I comparing it to ETH? Because it has similar functions.
The ability to build native tokens on its network. ICX actually has just gone through an award adjustment. The more icx that gets staked the less icx there will be split between everyone.
Icx will become more and more scarce as more people start staking. You can see how much you could earn monthly and how much is staked on the network here. icxstakr.io
Icon just last week released their Icon-Fi wallet. Allowing you to stake and generate interest on USDC, BTC, and ETH and of course...ICX. The returns need a minimum of 0.01 BTC and 0.5 ETH before interest is generated.
I'm not sure why but no one is talking about this, but I feel like by itself icon should be up there with AAVE and uniswap alone. Given how absolutely insane ETH gas prices are, that is probably the reason. No one wants to move
their assets around on ETH. The gas price is just to high.
As for staking the ICX token, I have talked about it already but every coin staked takes 8 days to become un-staked. So it does take time through the network but that's why the first point with the balanced coin is so important.
seriously. If you have the time to read this. You probably have time to read that white paper. I'll post it one more time right here. balanced.network Alternatively if it's late where you are
just buy some ICX and go to bed and don't just hold it, stake it and get ready to collect your balanced coins.
My last point that I am bullish on is the South Korean retailer Danal. They do $5.5 B worth of sales from 60,000 shops in Korea including 7-11 gas-station, Domino's Pizza, and KFC. Currently on the Korean iOS store paycoin, the application used
from Danal Korea is number #4 and growing on the free to use applications service. The number one application is upbit the largest Korean crypto exchange. The acceleration is coming, and I hope you all don't miss it. www.cryptoninjas.net
Anyways those are my thoughts and feelings on the subject. The charts a bit messy, but for the most part we will be going through the parallel channel and being stopped by the rainbow of fib resistances on the way up. Hope you all enjoyed the reading. Peace out.