Icxusdt
ICXUSDTICXUSDT (1H CHART) Technical Analysis Update
ICX/USDT currently trading at $1.35
Buy-level: Above 1.40 (only enter if 1h candle closes above 1.40)
Stop loss: below $ 1.25
Target 1: $1.55
Target 2: $1.70
Target 3: $ 2.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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$ICX #ICX Multi Year/Week Cup & Handle. Above MAs. Cup and handle forming, just like ETH a few weeks back.
We will likely see some selling / sideways before we rocket up to first level of resistance.
Short term bear, longer term very bullish market structure. Supports iH&S Thesis on ICXBTC pair.
This is a fundamentally strong project. A lot of potential here.
ICXUSD Potential Expanding DiagonalIf you think this could be Expanding Diagonal, you can try an aggressive short, or wait for a correction to buy a pullback.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
ICON (ICX) Will Set New High After Breaking Out This ResistanceHey friends, hope you are well, and welcome to the new update on ICON coin.
Cypher move and a 200% rally:
In the month of Oct I posted a chart, in which I showed that the price action of ICX with US Dollar pair has formed a big Cypher on monthly chart and soon it will be turned bullish from the potential reversal zone of this pattern.
Support and resistance levels:
On ICX with US Dollar pair, after the 200% move the priceline has found resistance at $0.95 and after getting rejected by this level the priceline broke down the previous support of $0.80 and after getting bounced by daily 25 simple moving average again breaking out the $0.80 resistance level.
Up channel:
On a daily time period chart, the priceline of ICX coin with US Dollar pair is moving in an up channel. After the recent bearish move, the priceline spiked below the support and used 21 exponential moving average as support and re-entering the channel right now. If the priceline will again reach the resistance of this channel then we can see an imminent move up-to $0.95.
Big Shark move:
On the monthly time period chart, ICX with Bitcoin pair has completed a big Shark pattern and now it is gearing up. So we can expect a big move soon in the BTC market and in the US Dollar market as well.
Long-term final resistance:
The ICX with Bitcoin pair has been bounced from the 0.00001400 btc support and reached the next resistance at 0.00003000 btc, after this level we have the next resistance at 0.00006100 btc and the final and key level resistance can be 0.00009100 btc because in long-term there is no significant resistance after this level.
Conclusion:
Once the priceline will break out the key level resistance and it can surpass the highest price and set the new high in the history of ICX coin.
ICON (ICX) - A Long Opportunity after a Trendline RetestSince the beginning of 2021 ICON (ICX) has been in an uptrend (marked on the chart). The altcoin’s growth is also mirrored by its RSI indicator, which to-date has approached the level of 50. Given the location of its Fibonacci lines and based on the last growth impulse, we can anticipate a decline of ICX to the trendline followed by the continuation of growth in the near future.
In this situation, it is best to focus on the trendline. A fall of the asset price below the trendline will signify a pullback for ICX. Orders to buy the asset should be placed in close proximity to the trendline with a Stop Loss as a safety just below it.
Use the GRID Bot by 3Commas to place ICX long orders closer to the uptrend line and marked buy zones. To do so, simply follow the steps below:
Head over to the GRID Bot by choosing it from the main menu in your 3Commas account;
Select the USDT Market and the ICX/USDT pair;
In the GRID Bot tab, go to the Manual strategy settings;
Set the upper limit price to $1.50 and the lower limit price to $0.75;
Number of grid lines: 10;
Set the quantity per grid parameter according to the amount you wish to spend on each trade;
Click the Create button.
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