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Icxusdt

ICXUSDT Trading IdeaDespite the unstable current situation on the cryptocurrency market, the Automatic Engulfing Strategy found the possible price movement reverse from the downtrend to uptrend. This prediction is strongly supported by techical analysis patterns and indicators. There was the price downward descending trend channel for the last day. Now we can notice the channel breakpoint, which with the other indicators confirmed the trend reverse. The Accumulation/Distribution Indicalor value have been almost constant during this price falling period. This means that there were no bearish activity and coin is underestimated now. The Aroon-down line went down, that is the downtrend end evidence. And the last one proof of the future price growth is the crossing of the MACD Line and the Signal Line by the bullish type. We expect the 3.2% price growth from 0.3163 to 0.3264. The alert was automatically executed by SkyRock Signals trading bot.
Long
by Skyrexio
ICON (ICX) Big Pump Ahead After This DumpHey friends, hope you are well and welcome to the new update on ICON coin. Previously I shared idea on ICX coin where I told you that the priceline is at the support of a down channel and up to 367% move is expected. And finally, by the grace of Allah the most high, the price action of ICX started a bullish rally and produced more than 300% rally as predicted. The previous idea: If we take a look at the live chart then it can be observed that since start of the 2020 the price action turned bullish two times. 1st in the month of January when it produced more than 424% bullish rally and second when it turned again bullish from March to Aug 2020 and produced more than 550% rally. Now the price action is again moving down. So far it has retraced more than 61.8 Fib level and moving towards 0.786 Fibonacci. After the ICX team updated their road map on 1st Oct and announced the Gangnam Testnet at the end of Oct, it was expected that the Month of October will be bullish for ICON coin. But the priceline continue to move down and despite this great event, the price action was not affected. However, I have observed that the priceline of ICON coin may move more down but soon there is a 600% pump expected. So let’s try to understand how much it can be moved more down and when it can start the rally to the upside and what should be the targets. If we take a look on the daily chart then candlesticks of ICX with USD pair has formed a falling wedge pattern and further more ups and down movements can change this pattern from wedge to pennant soon. The 50 simple moving average is moving down to form a death cross with 200 SMA. And this cross can increase the sell off soon. Now if we take a look at ICX with USD pair on the long term monthly chart, then it has completed a bullish Cypher pattern and entered in potential reversal zone. Even though the priceline has completed a Cypher move in US Dollar market but I would not suggest you to place your buying order at the moment. Because the price action of ICX coin is completing the final leg of bullish Shark pattern in Bitcoin market on long term monthly chart. Therefore I would suggest to wait for the completion of this Shark’s leg and let the price line enter in the potential reversal zone of this harmonic move. The second thing I would suggest before buying the ICON coin we should keep an eye on the movement of exponential moving averages with the time period of 10 and 21 on daily chart. At this time it can be seen that these EMAs are in bear cross. Once the price action will be in potential reversal zones of Cypher and Shark as mentioned above and the EMA 10 crosses up the EMA 21 then we can place our buying orders and set the stop loss the maximum extent of potential reversal zones. The buying and sell targets as per Fibonacci sequences of Cypher and Shark harmonic patterns can be as below: Buying and sell targets of ICX with US Dollar pair: Potential reversal or buying zone: $0.3720 to $0.2557 Fibonacci projection or sell zone: $0.4636 to $0.6829 Buying and sell targets of ICX with US Dollar pair: Potential reversal or buying zone: 0.00001981 to 0.00000742 btc Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc Conclusion: Even though the priceline of ICX is forming perfect harmonic moves, but we should strictly take care of stop-loss because if the priceline will break down the PRZ levels then it can turn more strong bearish. Note: The idea above is for educational purpose only, do not take it as investment advice.
Long
by moon333
3
ICXUSDT formed bullish Cypher | Upto 167% move expectedHey friends, hope you are well and welcome to the new update on ICON (ICX) coin. On a long term monthly chart, the price action of ICX has completed the final leg of bullish harmonic Cypher pattern and entered in a potential reversal zone. Buying And Sell Targets: The buying and sell targets according to the Fibonacci sequence of harmonic Cypher pattern should be: Potential reversal or buying zone: $0.3720 to $0.2557 Fibonacci projection or sell zone: $0.4636 to $0.6829 Stop Loss: The potential reversal zone area that is up to $0.2557 can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per above targets this trade has the profit possibility of 167% and as per above-mentioned stop loss, the loss possibility is 31%. Note: The idea above is for educational purpose only, do not take it as investment advice.
Long
by moon333
$ICX ICON PREVIOUS HEAND AND SHOULDER PATTERN PLAYING OUT!PREVIOUS HEAND AND SHOULDER PATTERN PLAYING OUT, Completely Out Of The Ascending Channel Possible To Have A Lower Low. If 200MA Does Not Hold, It Will Be Bloody! Although We Are Right With Our Plays, I Am Very Disappointed With What ICX Is Doing As A Long Term Hodler. Price Movements Are Very Volatile. Sure It Has Pretty Good Support Levels But Couldn't Sustain Higher Prices (This Is Probably Due To High % Staking Rewards, Which Investors Are Taking Advantage Of. - Passive Income And Profit Taking) LET ME KNOW WHAT YOU THINK! 🧐 💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯 *You are Welcome to Request Chart Analysis at Anytime! Simply Comment Down Below or DM Me :) ```````````````````````````````````` ⚠ DISCLAIMER: Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE BUT Please Be Responsible For All Your Actions. This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
BINANCE:ICXUSD
by crypt0analyst_
11
Icon ICX - Head and Shoulders to the upsideThis coin have so much potential from fundamental page. I see Head and Shoulders forming on 1h timeframe, also with trendline / falling channel. ABC correction is completed and also the right shoulder is in the same position as left shoulder, which is great. If you are interested in signal channel on tele-gram, please contact me @RobertWise. Bitcoin dominance is falling, that is also very good for the price of this coin. If you like this technical analysis , please hit the like button and follow me for more of these ideas!
Long
by UnknownUnicorn2537518
2
ICX Broke Down The Critical Level!BINANCE:ICXUSD ICXUSD ICON BROKE DOWN ON CRITICAL SUPPORT LEVEL! ICON fulfilling the head and shoulder bearish pattern! Further consolidation is possible but It must Hold 200MA, otherwise icon will see more blood and hit around 0.3 levels LET ME KNOW WHAT YOU THINK! IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING :) ```````````````````````````````````` ⚠ DISCLAIMER: Trading Involves High Risk! Be Responsible For All Your Actions. This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
BINANCE:ICXUSD
by crypt0analyst_
10
Icon (ICX) - September 15 (1W)Hello? Dear traders, nice to meet you. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- It is believed that the bottom section has been completed as it has risen above the 0.37715000-0.46466682 section. We have to see if we can get support at 0.46466682 to create a new wave. I think a certain period of sideways is necessary because it has formed a bottom section for a long period of time and has risen. It is worth paying attention to where you are getting support during this period. It is supported at 0.46466682 and is expected to create a new wave as it breaks through 0.60569579. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BINANCE:ICXUSD
by readCrypto
2
ICX/BTC (Resistance turned Support?)BINANCE: ICXBTC -ICON confirmed previous resistance turned support -This area is a strong confluence of 200ma and 50ma -Plus the upward trendline of support coincide in this region -Since the uptrend still valid, priority is up -The potential targets are up to 7600-9200 sat -The ideal stop loss is below the green line or 50ma ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **A little help by supporting my Channel **Through leaving a Thumbs Up, Comment & Follow **Happy Trading! --> Thank you! :)
by PolarHusk
12
ICON getting ready for a quick leg up!Hey, I am back with another Crypto Analysis. Today I took good profits out of Dot coin, over 50, I've been more greedy than usual in this trade. I think it still has potential to rise, but I expect at least a correction. Enough about Dot as we don't have much time as ICX is trying to break the downtrend line. So this should be pretty quick trade, buy in the downtrend channel or buy the breakout, 11% is a take profit from current price. Good luck with this trade! Tibor
Long
by TiborVrbovsky