ICON (ICX) completing bullish Shark pattern for upto 240% pumpHi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin.
Previously we had a nice harmonic trade of ICX:
Now again on a weekly time frame, ICX is very close to complete the final leg of bullish harmonic Shark pattern.
Icx
ICXUSDT - LONGBased on technical factors there is a long position in ICXUSDT Icon
ICXUSDT Icon
Score 1️⃣
🔵Long Now or set on Key Level 1.215
🟢Target 1 1.280
🟢Target 2 1.395
❌Stop loss 1.180
#K_Level
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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.
ICX/USDT TRADING PLANNING FOR SPOTICX/USDT
I think ICX will make secondary reaction or new Higher Low before the new primary trend
So we can also call it correction, so do not be hurry
We wait and catch it dont push yourself into trading guys!
Thanks for the support!!
#indonesia #tipsfotradingplanning
Binance: ICX buy / long 1DBinance: ICX buy / long 1D
Entry: 1,6 - 1,7
SL: 1d close below 1,4
TP: 2,5
ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other. This opens up cross-chain use cases that are impossible without an interoperability layer like ICON.
ICON Network describes itself as a general-purpose blockchain protocol based on the native cryptocurrency ICX that can run smart contracts, adopt the BFT-DPoS (Delegated Proof-of-Stake) consensus protocol, and use an economic-governance protocol called DPoC (Delegated Proof-of-Contribution). The ICON Network is powered by a proprietary blockchain engine called 'loopchain' and has the ability to handle hundreds of transactions per second. The ICON project was started to ensure the integrity and transparency of data shared between institutions and companies, and to move mutual assets on heterogeneous blockchains without a centralized organization. In the long term, ICON Network aims to become an 'interchain' that connects multiple blockchains based on BTP technology.
The ICON blockchain is powered by loopchain, a blockchain engine designed by ICONLOOP. ICONLOOP is responsible for loopchain’s government and enterprise adoption in South Korea. Loopchain is the Seoul Metropolitan Government’s standard blockchain platform.
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
the moment we've all been waiting for. not long nowThis baby has been a staple of mine for a couple of years now and boy am i excited for whats going to happen over the next few months.
Things to note:
1) Weekly TK cross about to happen.
2) Weekly cloud has just flipped green again.
3) 3D TK cross just occurred and has happened ABOVE the cloud (very, very bullish sign)
honestly. just hodl, we waited so many years for this and this can very well be an opportunity of these few years before we end up bear again.
this is about to full send it and we're just tagging along for the ride.
Let's see how we do.
one of the fattest accumulation patterns ive seen in a while, and especially considering it's happening over such a long timeframe and the ICX/BTC pairing has been coiling up for a looooooooooooooooooooooong time as well
T1: $4.60 ish.
T2: $9.80 ish (up to $10.00)
T3: ??
All im gonna say is that we're golden and that we're set.
Just buckle in and have fun, that said though, have an exit strategy ready.
Let's see how we go.
ICXUSDTICX after breaking the $1.34 resistance, icx been grinding up towards April high.
While printing higher high and lower within is a rising wedge pattern, the Resistance line is yet to be validated. Every dips bouncing of 0.702-0.786 fib.
A rising wedge is formed when the price consolidates between upward sloping support and resistance lines.
Here, the slope of the support line is steeper than that of the resistance.
This indicates that higher lows are being formed faster than higher highs. This leads to a wedge-like formation, which is exactly where the chart pattern gets its name from!
With prices consolidating, we know that a big splash is coming, so we can expect a breakout to either the top or bottom.
If the rising wedge forms after an uptrend, it’s usually a bearish reversal pattern. However giving where the market is at, I’ve seen plenty of rising wedges break out upwards
ICX/USDT currently trading at $2.39
The ideal buy zone would be under 2.15$
Invalidation point = below $1.88 daily base
Potential targets 2.68 – 3.04 and moon long term
ICX/BTC
The real party start for icx is once icx flipped 0.000050k sat as support expect icx tp push towards $5+
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
ICXUSDT Technical Analysis
⏳ Spot
💎 ICXUSDT had formed a Bullish Flag, after the breakout it has formed a symmetrical triangle, It is expected that after the breakout above the triangle it will continue the Bullish move.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or From 2.114 to 2.177
☕️ TP1 2.240
🍺 TP2 2.323
🍻 TP3 2.400
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 2.046 to 2.114
Good Luck 🎲
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