Iconusdt
ICON| Local deal in Long!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
There is a local downward trend that is about to change into an upward trend, I think that after a small correction we will go for a breakout of the countertrend line, ETH still looks long...
Deal plan:
Entry - $0.2585
Stop - $0.2419
Take - $0.28
Guys, be careful, the coin can show high volatility at the moment, follow risk management.
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
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ICON (ICX) formed huge Gartley for upto 2400% massive pumpHi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin.
On a monthly time frame, ICX has formed a bullish Gartley 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.
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.
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.
History lesson - ICX to 4.263 fibIs ICX repeating previous pump?
Historical indications are no guarantee, but when comparing the setup at the moment it looks nice.
This kind of chart pattern is what could be in store for ICX in the short term. This is just an idea, do not see this as advice.
If you do want in here, be sure to set an SL right under the bottom line of the rising wedge.
Grtz
ICX might pump I had this triangle for some days but I was waiting to see if price kept going up. At the moment I think that in 3-4 days we might see some action from ICX assuming off course that BTC doesn't dump. For a move upward we need this daily candle to close over current VLPR's control line, once we breakout I expect ICX to go 2x (although this won't happen in few days). if instead we go down the triangle's bottom line is the major support, the dashed line is the second one.
I expect ICX to reach at least 2017 price before the cycle end.
Good luck
Uptrend line TEST & Entry point!! 58% Folks,
Here is the view on the ICX/USDT chart..
We see a very nice uptrend that has been testing and rejecting higher prices at the top of the uptrend line.
This has happened multiple times.. It tests and rejects, price declines (around 10%) and gets up again..
What is the probability of that happening soon again?
We are at that point of testing again. When it drops down between $1.20.-/$1.22.- I am interested in buying...
Because it shows great strength and has a 'proven' track record in the sentence of the uptrend line testing, rejecting, and making higher highs and lows..
Definitely a bullish trend... So be ready to ride the wave!!!
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
ICX back to $3 area.ICX is currently breaking above resistance area. I bought at market few moments earlier, may be a good idea to get in!
RSI gave a buy signal.
EMA's gave a buy signal.
TP at $3 area, about 10% profit.
Good luck!
Also don't forget to leave a comment as Tradingview algorithms likes comments 😂
ICXUSDT forming a strong bullish wave on near term.BINANCE:ICXUSDT has formed an ascending triangle and could break above the trendline. all indicators show that we are in a bullish wave and targeting these levels:
level 1: 3.30$
level 2: 4.61$
level 3: 5.89$
stop-loss level is closing 1 daily candle below 2.21$
Good luck...
The ICON is preparing to continue moving upwards!ICON is located on the bottom of the ascending channel and its support range and seems to be suitable for entry.
ICX will probably see the specified targets after some correction, especially across the chart.
We suggest that you monitor this crypto currency and be sure to trade according to your trading strategy.
Best Regards.
ICXUSDT a big channel breakout expectedDifferent support and resistance level:
The price action of Icon is rejected by $0.80 resistance and now moving between $0.65 to $0.80 support and resistance levels. There is also daily 25 simple moving average support at $0.65 support. If the $0.80 resistance will be broken out then the next resistance would be at $0.95.
Big up-channel:
The price action of ICX has formed a big up-channel on the weekly chart. There is a powerful bullish candlestick trying to break out the resistance of this channel at the moment.
Harmonic moves on short-term:
On the short-term 2-hr chart, 1st the price action formed a bullish BAT then completed a bullish Shark. Now the priceline of ICX is completing another bullish harmonic BAT pattern. Even though this is a very small pattern, but at this time it is very significant. Because the priceline is also trying to break out the resistance of the big channel and a bullish reversal from the potential reversal zone of this pattern may help the price action to break out the resistance of the channel as well.
SMAs in the long-term:
Icon with Bitcoin pair, on the weekly chart, the 7 simple moving average has started lifting the priceline to the upside. Now there are 25, 50, and 100 simple moving averages above the price action. If the price action will be able to cross them up then a big move will be triggered against Bitcoin.
Ichimoku cloud:
With Bitcoin pair. the price action of ICXis also moving below a big bearish Ichimoku cloud resistance and for any big move breaking out this cloud is very important.
Conclusion:
If the price action will start breaking out the simple moving averages resistances on the weekly chart, then it can work as a big chain reaction. Every moving average can lift the price action up and it can also lead the priceline of ICON to break out the big bearish cloud as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ICX completing bullish BAT | A good long opportunityHi friends, hope you are well and welcome to the new update on Icon.
After the successful formation of a bullish BAT and a bullish Shark now again on small time period 2-hour chart, the price action of the ICX is completing the final leg of bullish BAT and soon it will be entered in potential reversal zone. On breaking down 100 SMA the pattern will be confirmed. There is also 200 simple moving average support below the potential reversal zone area.
Possible profit and loss ratio:
This trade has profit possibility of 13.5% and the loss possibility is only 2%
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.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ICXUSDT a big bullish setupHey friends, hope you are well and welcome to the update on ICON (ICX) coin.
Long term up-channel:
The price action is moving in a long-term up channel on weekly chart and reached at the resistance. Candlesticks also having good supports of EMA 10 and 21 as well.
Support and resistance levels and SMAs:
The price action of ICX coin is rejected by $0.65 resistance level and moving between $0.55 to $0.65 support and resistance level. If the price action will break out the $0.65 resistance then on long-term there is not significant resistance up to $2.40. The price action also has good support of SMAs with the time period of 25, 50 and, 100.
Simple moving averages on daily chart:
Simple moving averages on daily chart, with the time period of 25, 50, 100 and, 200 are moving above the price action of ICON and 25 SMA is likely to cross down the price action.
Ichimoku cloud:
On the long-term weekly chart, the price action had a powerful resistance of Ichimoku bearish cloud but now the cloud is turned bullish, so now the priceline may break out this bullish cloud.
This move can be like Ethereum when the price action of ETH found weak resistance of Ichimoku cloud on the weekly chart, then it broke out this cloud with powerful bullish divergence.
Conclusion:
Even though on long-term the price action of ICON is having strong resistance of an up-channel but from small to long-term the priceline of ICX is turning bullish . Once the channel on the channel on the weekly chart will be broken out then the priceline may start a powerful bull run soon.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ICX a big parabolic move expectedHey friends, hope you are well and welcome to the new update on ICX coin.
Previously I shared two ideas of ICX with you, one was a formation of Cypher pattern in USD marker and the other was the formation of bullish Shark pattern in the Bitcoin market.
The price action of Icon coin turned bullish in USD market and produced more than 100% profit rally sofar. In the meanwhile, it has also completed the final leg of bullish Shark in the Bitcoin market.
ICX with USD pair Cypher move:
ICX with BTC pair move:
An up channel formation and EMAs:
On the long-term weekly chart, in US dollar market the price action of ICX coin has formed an up channel and also using exponential moving averages with the time period of 10 and 21 as support. This time the EMAs 10 and 21 have just formed a bull cross and the priceline is turned bullish.
Different support and resistance levels:
On the long term weekly chart, the priceline of ICX has broken out the $0.46 and $0.55 resistance levels and trying to break out the key level resistance of $0.65. If the $0.65 resistance level will be broken out then there is no significant resistance that can be found up to $2.39 as per the Binance exchange. Therefore it is possible that once the price action will break out the $0.65 then it will also break out the resistance of an up-channel that has been formed on the weekly chart.
Alligator mouth and a parabolic move:
On the long-term weekly chart, the simple moving averages with the time period of 25, 50, and 100 have formed an opened alligator’s mouth and lifting the price action to the upside. This move is turning parabolic now.
Similar parabolic move expected like XLM:
The same parabolic move can be seen in the XLM chart as well, therefore we can expect that now the price action of ICX will turn more strong parabolic bullish like XLM to lead the altcoins bull run.
Conclusion:
As the price action of Icon coin has already turned bullish in the USD market but it can turn more bullish as it has just completed a big bullish Shark move in the Bitcoin market.