Icx
ICX/USDT 288% PROFIT POTENTIAL SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ICX/USDT trade setup. ICX looks bullish here. ICON is a blockchain protocol for decentralized applications. As an aggregator chain, it achieves interoperability—a web of interconnected networks aggregating all blockchain data into one layer.
ICX is breaking out from the falling wedge and currently retesting it. It is holding the support of 21D ma and after holding this support it can bounce from here.
Previously, when it breaks from the falling wedge it pumps 288% so I'm expecting the same this time.
Entry range:- $0.72-$0.8
Target1:- $1.12
Target2:- $1.42
Target3:- $1.78
Target4:- $2.22
Target5:- $2.54
Target6:- $2.78
SL:- $0.64
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Short ICX Potential bearish tradeDue to the recent huge up swing because of the new president of South Korea, this coin gain a lot of up momentum. However if we look at the current market situation, there is a higher chance that the price is going to decline from the top, due to general crypto movement direction.
Today is going to be CPI release, which is forecasted to be negative and next week we will have the interest rates changes, which overall they have a very bearish nature.
So I believe at the moment ICX is one with the best risk reward ratios for a short swing trade.
Key points:
Stop loss levels : Above 1 or above 1.10 if we want to play extra safe
Take profit 1 : Below 0.85
Take profit 2 : Below 0.8
Take profit 3: Below 0.7
ICX - into a new trend 1 usd Target Hello trading friends,
ICX shows an interesting trend - what could play fine into a long-term trend.
We have seen the first confirmation for the goal target to 1 USD +
This could be the start of the whale trend to build a price action to 1 USD + for ICX - same time always manage your risk in a way that crypto at all gets unexpected trends.
It's interesting to follow ICX - and I think there high chance that we can see soon 1 USD +
Know that there is no garananty into cryptomarkets - all depending on trend study and data.
Have a great day.
@ ICX is for spot and long term
ICX - ICON trend chart - LONGHello trading friends,
This is a small view for ICON. (ICX)
Depending on long term ICX looks still interesting - even with the breakdown trend.
The target goal is 1 USD - if BTC keeps going the green trend in the long term - ICX will follow also this trend - ICX could show some power trend lines increase in the coming time.
This project means for spot and long term - know that markets can change with the low time frame - and on this reason always manage your risk.
Have a great day.
@ also there is not always a reason to enter markets before studying the trend including it should depend on your setups.
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.
ICXICX has been in a nice little ascending channel since January 22nd, and I think it's once again time for it to test the bottom of the channel. It's a bold strategy, lets see how it plays out for me.
I am waiting for ICX to test, retest and finally reject the range of 0.7949 to 0.8007. If that happens, ICX should Zigzag towards my two targets.
Target #1 = 0.7735
Target #2 = 0.7521
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️
OKEX:ICXUSDT
BINANCE:ICXUSDT
FTX:ICXPERP
ICXFollowing my biased logic of What goes up, must retrace!
ICX doesn't particularly stand out, I screened it purely on +% change and low volume today. And I don't usually look up if there are any big news for the coin, but today....... I also didn't check the news.
My thesis is quite simple:
#1 ICX is in the Golden Pocket of Fibonacci Extension taken from January 24th
#2 +8% gain in 4 hours without much volume
#3 Barely broke out of the 1H Resistance (now Support)
Clearly ICX is highly speculative at the moment, but I believe it'll retrace to the 0.5 Fibonacci Extension level, which will still be within the 1H Support channel. I'll follow this with a careful trailing-stop all the way down. Expect some turbulence or side action in the Support channels.
Target #1 = 0.5 Fibonacci Extension level
Target #2 = 0.382 Fibonacci Extension level
When in trade I keep to a strict Risk Management plan and keep an eye on BTC
This is my Thesis, targets are purely hypothetical based on my analysis.
This is NOT Investment and/or Trading Advice.
Happy Trades!
ICX - DCA LONG TERM CYCLE from 0,66+ until 3 usd +Hello trading friends,
This is not a day trade update, this update is for the long term and DCA UPDATE for ICX.
Expecting in the long term that ICX has much to show into trends, and as we are now into breakdown trends of more coins, is this a great time for ICX.
When all people talking about it, know it's into the hype, and when people leave the coins is the moment to watch the trends.
Long term goal ICX still on 3 USD +
- Into the chart, you see more blue line trends, which means every time price goes higher, depending on DCA a buy, and same time when a trend return to a line a new buy trend, so its a small investment trend with long term vision and split of amounts, as the DCA should be on any coin.
Yes most of the coins are into breakdown trends - and this is the moment to get watch the red trends, also if prices go down for DCA it should be not a problem, as you never invest 100%. the goal is to get at long term a really good trend price action what will result in good % +
Have a great day.
@ this is not a trading call to buy ICX or any coin, study always your trend and make your trading setups.
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!
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
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