ICX BTC bullish divergence weeklyICX has already broken its long-term resistance line. On the weekly chart, we see a falling price accompanied by a rising RSI, signaling potential bullish divergence. This could mark the beginning of a long-term era of ICX rising against BTC.
How far can it go? The green lines highlight potential targets, but let's not get too greedy—ICX still has a lot to prove, at least in my view.
ICXBTC trade ideas
Trade Alert: ICXBTC - Buy SignalDear Traders,
We have identified a promising opportunity on the ICXBTC currency pair using our EASY Quantum Ai strategy. Here's our detailed signal:
Direction: Buy
Enter Price: 1.76E-06
Take Profit: 1.79E-06
Stop Loss: 1.73E-06
Rationale:
Our EASY Quantum Ai strategy has analyzed recent market trends and volatility patterns on the ICXBTC pair. We've observed a strong support level around the entry price, providing a solid base for upward momentum. Additionally, the AI-driven analysis indicates a potential breakout, backed by positive market sentiment and increasing trading volume.
Risk Management:
Setting a Stop Loss at 1.73E-06 minimizes potential downside, ensuring risk is contained within acceptable limits. The target Take Profit at 1.79E-06 aims to capitalize on the anticipated upward movement, optimizing the reward-to-risk ratio.
Please ensure that you assess your risk tolerance and market conditions before executing any trades based on this signal. Remember to keep an eye on market news, as unforeseen events can impact volatility.
Happy Trading!
✳️ ICON All-Time Low, 5 Years Long RSI Bullish DivergenceLast week closed as a Doji... This wouldn't be much taken in isolation but when we consider what the rest of the Altcoins market is doing it can become a pretty strong signal; When considered in combination with the other signals I am about to share.
How are you feeling today?
Let's get started...
➖ ICON (ICXBTC) hit a new All-Time Low last week and this is always good news.
Once we hit bottom...
To start, we have a more than 2 years long falling wedge pattern, a giant one:
➖ ICXBTC has been dropping since late January 2018, hitting bottom last week.
The RSI bottomed August 2019 and has been producing higher lows...
That's a more than four years long bullish divergence.
I do not think we have to dig deeper.
Look at it in this way, it is only a matter of time before this pair turns. Seeing that it has been bearish for so long, the next bullish phase can be something "off the chart."
We have to wait and see but everything is possible.
Just as Bitcoin is doing great and we are not in the bull-run phase, the rest of the market can emulate Bitcoin and produce massive growth in 2025 and 2024.
Prepare accordingly.
This type of opportunity isn't likely to repeat in many years.
Namaste.
✳️ ICON Prepares To Quit Its Main Downtrend (Easy 113% to 310%)ICXBTC (ICON) has been in a major downtrend for many years now... But it is all coming to an end.
This pair has been dropping since January 2018 and it seems like this is it.
The last four candles, since mid-December, are showing some signs of a potential reversal.
It still needs to develop.
It still needs to take place...
But if prices move and close above EMA10 and break the "main downtrend", ICXBTC has huge potential to move ahead.
Just as it has been dropping for 5 years now, it can grow for many years to come.
Once we hit bottom... Oh, oh!
Out of crisis, opportunities are born.
Namaste.
✳️ Nothing To See Here... Move on! (130% Within Days!)ICON (ICXBTC) just hit a 10 months high. This ALTSBTC pair recovered months of correction in just a few days.
So far we have 130% growth within a week.
✔️ We have the same lower low we looked at in dozen of charts.
✔️ We have the same bullish divergence with the MACD and RSI.
✔️ We have the same cup pattern as the bottom low...
This is followed by strong growth.
All the pairs that I showed recently, will grow.
While I thought that Bitcoin was going into correction mode while the Altcoins vs Bitcoin pairs grew, it seems we will have a phase where everything grows.
This is great but not the end of the bullish phase that started late Dec. 2022 early January 2023... We are only halfway through, there is more to come.
Enjoy the ride.
Namaste.
$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 - bright BTC future ahead :) Such amazing project shouldn't be where it is. And it is here because of lack of marketing, lack of VC (they are probably never gonna come). Still, they are always building, ecosystem constantly grows (craftnetwork, optimusdefi, balanceddao, ommfinance, gbet, wonderland bridge happened).... In my opinion this the bottom against BTC pair. Long no matter what.
ICON-BTCThe coin is trading under the support zone of 1500, from this zone the price was bought off several times. It does not mean that it will be so this time, just observations from the chart.
The price is just testing that zone as it has turned into resistance.
1D
The price has been standing like many coins in a sidewall, at this point there is a breakdown of it. On the cheap bitcoin, the price could go back into the 1500-4500 range.
4H
I will close on a stop if we go below 1250 with consolidation back to sideways.
1W for clarity.
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Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.
ICX/BTC - Long-term BullishnessHere u see the ICXBTC chart with resistances and big supports marked. This coin has been in the accumulation phase for ages creating Ws along the way. It will break out most likely in 2023, and when it does that it can start its parabolic rise up to its ATH marked in the pic. If by then btc reaches 100k to 200k this would mean that ICXUSDT pair will reach 90-180 usd based on this chart. I see a big triple bottom playing out in the near future as u can see which also can form an inv HnS after the triple bottom breaks out. So bullishness on bullishness this coin will shock many people. I'd DCA in to this thing slowly this month and wait months before taking profits. NFA of course.
ICXBTC - Long term bullishnessHere u see the ICXBTC chart with resistances and big supports. This coin has been in the accumulation phase for ages creating Ws along the way. One it will break out most likely in 2023, and when it does that it can starts its parabolic rise up to its ATH marked in the pic. If by then btc reaches 100k to 200k this would means that ICXUSDT pair will reach 90-180usd based on this chart. I see a big Triple bottom playing out in the near future as u can see which also can form and inv HnS after the triple bottom breaks out. So bullishness on bullishness this coin will shock many people. I'd Dca in to this thing slowly this month and wait months before taking profits. NFA of course.