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Icxusd

Elliott Wave Analysis: ICXUSD Can Be Forming Wedge PatternHello Crypto traders! Today we will talk about ICON cryptocurrency in which we are tracking the final wave C that can be completed within a bigger ending diagonal (wedge) pattern, where ideal support would be around 0.50 - 0.40 area, where we also see 161,8% Fibo. extension target of wave A. An ending diagonal a.k.a wedge pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave. Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlaps in price, while wave 3 can not be the shortest amongst waves 1, 3, and 5. As you can see ICXUSD can be trading in final stages of wave "v" of C, but final subwave (c) of "v" is still missing, so watch out for that final drop, maybe even a spike before bulls show up. Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BINANCE:ICXUSD
by ew-forecast
9
$ICX/USDT Binance 4H by imRedaSouhail.About the ICON($ICX) project : 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.
by TopGBanks
ICX update - Key levels to watchTrading and investing is always in the context of time. Long term, I'm bullish on ICX, as per my previous ideas. However, in the short term, I am waiting for key levels to invest again, hence the name of this update. Key Levels which I am looking for are: 1.96 and 1.8, this is where the downtrend since 29th March high began, meets the uptrend since 26th December. If this key level fails, which I doubt it will, because as per my last idea the ICX BTC pair - which is in a bullish pennant, could hit the bottom of the pennant at 0.000035, which would equate to around a 0.5 drop in USD price of ICX i.e. around 2.4 to 1.9 (assuming BTC price remains stable at mid $50's. Failing this key level it would resort to the intersection of the key level horizontal line meeting the downtrend at between 1.2 and 1.1. Although, this is not too realistic imo rn. GL and HF.
by FinanceGoku
1