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Iconusd

Today we review ICX. Will it reach the Fibonacci level of 0.618?Hello everyone! Today let's take a look at the cryptocurrency ICON. At the beginning of April, the asset had a rapid growth, resulting in a 130% increase in price, breaking the strong Fibonacci level of 0.236 and further 0.382. However, the asset failed to consolidate above the latter and began to correct. Currently, the asset is approaching the Fibonacci level of 0.238, where the uptrend line is also located. Therefore, it is possible to look for an entry point to a position in the range of $0.28-0.29. The targets are the next Fibonacci levels at $0.46-$0.97 (+57%, +230% profit). This is not a financial recommendation, and everything you do is done at your own risk.
Long
by neverovv
2
ICON ICX price rising and knows no grief) Who is pushing it up?The fact that the trading volumes of the ICONUSDT pair have grown significantly since the beginning of the year clearly indicates the increased interest of "big money" in the project. What's going on there? Share your thoughts in the comments. In our opinion, the main price intrigue on the ICONUSDT chart will take place in the region of $0.42-0.43 In this price zone, it will be clearly visible whether buyers will be able to break through and continue the growth of the ICON price above $0.60 in a short time. Or is it possible that a correction to $0.28 is needed to continue the "healthy price growth" and only then will the price rise to $0.60 and higher _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
43
ICXUSD - A Huge Short Opportunity for 30% and MoreWith the price of ICON having just been rejected by a long downward trend line and bouncing off historical levels of support/resitance; and a strong Sell signal from Crypto Tipster v2, we're thinking now is the time to Short ICXUSD! There may be a little turbulence on the way down, but it's a long way down when you consider the next major support won't be until after a 30%+ drop - huge gains to be made here. If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
KRAKEN:ICXUSDShort
by theCrypster
3
Icon in a cup and handle pattern.. Folks, Icon has had some pumps lately and we are trying to conquer with prior high but we see kind of rejection.. In my opinion we are about to have chances of forming a cup and handle. Many will know it more often than not a BULLISH pattern.. With breakouts to the upside.. The support and resistance lines I draw are approximate areas. It can be a little higher or lower.. But they are drawn from the perspective of prior and lows.. Personally will wait patiently for price to get back around $0.87/$0.89.- area to be interested in a possible buy for a possible extension to say $1.30.- for a beautiful gain. In the long run I am bullish..
BINANCE:ICXUSDLong
by King_Hustle_Grind
1
ICON/USDTICX is currently holding above a significant level on the weekly, could this be the right entry for the start of its run? ICX is my number one most undervalued coin right now and have been a long term holder including a huge trade profit back in early 2018 selling at $11.00, its currently $0.62. Depending on BTC over the weekend and whether bulls or bears prevail on the two BTC angles I just posted I will be loading up, I expect either a wick dump if BTC does but possibly a weekly close above this line for ICX and on the other hand if the bullish scenario plays out we may enter ICX sooner.
Long
by CryptoIncTrading
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 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
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