#ICX/USDT#ICX
The price is moving within a bearish channel pattern on a 12-hour frame and broke it upward after adhering to it significantly.
We have a downtrend on the RSI indicator, and it has been broken to the upside, and we have a trend to hold above
We have a major support level in green at 0.1200
We have a trend of domes above the Moving Average 100
Entry price is 1500
The first target is 0.1860
The second target is 0.2070
The third goal is 0.2330
Icxbtclong
#ICX/USDT#ICX
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.1100
Entry price 0.1413
First target 0.1591
Second target 0.1804
Third target 0.2134
#ICX/USDT#ICX
The price is moving within a falling channel on a 1-day frame, which is a retracement pattern
We have a support area at 0.2000 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.2000
The first target is 0.2600
The second target is 0.2967
The third goal is 0.3360
#ICX/USDT#ICX
We have a bearish channel pattern on a 12-hour frame, the price moves within it and adheres to its limits well
We have a green support area at 0.2000 after the price touched it and bounced from it
We have a tendency to stabilize above moving average 100
We have an uptrend on the RSI indicator that supports the price higher
Entry price is 0.2200.
The first target is 0.2559
The second goal is 02790
The third goal is 0.3090
$ICX/#BTC [#ICON]: BBand_Breakout Resistance_Breakout◳◱ Hey crypto lovers, we've identified bullish signals on the $ICX / $BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance level. Given the alignment of these signals, it may be a good idea to consider entering a long position and targeting higher levels. Our analysis indicates that the key resistance levels are at 0.00001149 | 0.00001226 | 0.00001381 and the major support zones are at 0.00000994 | 0.00000916 | 0.00000761. However, it is important to also consider other factors such as overall market conditions and other technical indicators before making a trade decision.
◰◲ General info :
▣ Name: ICON
▣ Rank: 161
▣ Category/Sector: Infrastructure - Smart Contract Platforms
▣ Overview: ICON project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00001094 ₿
▣ 24HVol: 7.451 ₿
▣ 24H Chng: 2.339%
▣ 7-Days Chng: -3.65%
▣ 1-Month Chng: 17.77%
▣ 3-Months Chng: 52.18%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001149 | 0.00001226 | 0.00001381
◢ Support: 0.00000994 | 0.00000916 | 0.00000761
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 2.51
▣ Last 90D: 2.45
▣ Last 1-Y: -0.49
▣ Last 3-Y: 0.73
◲◰ Volatility :
▣ Last 30D: 0.77
▣ Last 90D: 0.80
▣ Last 1-Y: 1.04
▣ Last 3-Y: 1.29
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.54 - Bullish
▣ Reddit sentiment score is 0.55 - Bullish
▣ In-depth ICXBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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ICX USDT LONGIt gave a big breakout but could not sustain the rally due to Bitcoin, which is currently standing at its support. Selling is not happening at all which makes it ready for a 25% rally. Macd Bullish cross has happened if you take long entry it can give you good profit
DYOR MANGE UR RISK FIRST
HAPPY TRADING 🕊️
$ICX Inverse Head & Shoulders = Trend ReversalIcon is a fundamentally sound project, but hasn't received the love it deserves lately.
They just released IconFi, and a bunch of other upcoming catalysts could be good for this project moving forward.
Catalysts including .. Rosetta Integration = Pre-Requisite for Coinbase Listing , Revision 12, CPS, and ICON 2.0 Alphanet
It is alt season after all..
The chart pattern that is forming against the $BTC pair is an inverse head and shoulders, which indicates a bullish trend reversal.
You can also see the RSI is neutral and Stochastic RSI is oversold.
I think this token has potential to do well over the coming days.
Not financial advice.
Project website: icon.foundation
Updates: medium.com
ICX / BTC is forming Inverse Head and Shoulders on 1D chart!ICX / BTC is forming Inverse Head and Shoulders on 1D chart!
There are few bullish signals on ICX/ BTC , some of them are:
- we are starting to find support on 100SMA (orange line)
- it looks like Inverse Head and Shoulders is forming, which is a bullish sign
There is a high chance we will form inverse H&S and it will overlap with 200SMA. In that scenario 200SMA will act as a support + confirmed Inverse H&S is a sign for the upward movement.
Wait for the confirmation of Inverse H&S before entering or try to enter now, when we have support on 100SMA.
Targets: 3200, 3900, 4500 sats .
Remember about SL!
ICXBTC forming bullish Shark | Upto 655% big move aheadHey friends, hope you are well and welcome to the new update on ICON (ICX) coin with Bitcoin pair.
On a long-term monthly chart, the price action of ICX is completing the final leg of bullish harmonic Shark pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to Fibonacci sequence of harmonic Shark pattern should be:
Potential reversal or buying zone: 0.00001981 to 0.00000742 btc
Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000742 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets this trade has the profit possibility of 655% and as per the above-mentioned stop loss, the loss possibility is 62%.
Note: The idea above is for educational purpose only, do not take it as investment advice.
ICXBTC formed bullish BAT and ready for bullish movePriceline of ICON (ICX) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00004404 to 0.00004327
Sell between: 0.00004588 to 0.00004861
So short term trade has potential to give upto 12% profit move.
Regards,
Atif Akbar (moon333)