ICXBTC trade ideas
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.
Long ICX for DeFi & Korean Cryptocurrency exposureFair warning: this is a 2017 coin.
Each time the PVD or MACD crossed up, it was a bullish sign and price moved up. Sweet!
OBV shows accumulation despite price moving down. I think. It would better best to use a USD denominated OBV.
Here is there website:
www.icon.foundation
ICON ICX looking good!I see a high potential in ICON and it's has a perfect potential for a "Cup and Handle"
THIS IS NOT A FINANCIAL ADIVCE, PLEASE INVEST AT YOUR OWN RISK
ICON / BTC - Dragonfly DOJIA very impressive Dragonfly DOJI is printed on the 4-day chart following a 75% correction.
1st target 3400 sats
#ICX/BTC - Potential 14.50%#NEWS
#LONG
#ICX/BTC - Potential 14.50%
Optional Leverage: N/A
Entry - 2606
TP1- 2762(75%)
TP2- 29841(25%)
SL- 2398
- Key Notes - BTC starting to fall
- RR - 1.82
- Trailing Buy - 3%
- Trailing Profit - 5%
- Trailing Stop-Loss - no
#ICX, Looking at this asset that moved slower than others..#ICX
Looking at this asset that moved slower than others across the week
Sitting above ~2k sats (trying to flip it)while volume is trying to get stronger levels
UCTS is also signalling a 1D Buy while is crossing above Ichi cloud
Upside is insane, just needs a little spark
$ICX
Icon (ICX) | A Closer Look (Long-Term Targets Inside)We looked at ICXBTC (Icon), long-term/weekly below but we will have a closer look today.
This one here is the daily chart and it is easy to appreciate how the trend is changing from bearish to bullish.
As the falling wedge was completed, prices started to move up and break resistance after resistance in the form of EMAs.
Right now, prices are trading above EMA100 (blue line) and pushing higher every day.
Here is the previous chart from January 9, with long-term targets:
You can expect more for this pair and other altcoins...
They will be now entering a new phase, the uptrend phase, where we will see higher highs and higher lows... Growth for years to come.
Namaste.
ICXBTC Long Wedge Breaking out 208 % Profit potentialICX-BTC typically has long wedges with quick short breakouts. Don't miss it.
Target 1 - 3300 sats
Target 2 - 5200 sats - high risk
Target 1 has high confidence, Target 2 may be somewhat delayed, it may enter into another long wedge. We'll wait and see what ICX wants to do
ICXBTC - Long - Potential 9.39%ICXBTC - Long - Potential 9.39%
Entry- 1940
TP1- 2014
TP2- 2113
SL- 1934
- Key Notes - Biden Inauguration - Volatility Expected - High Risk
- RR - 2
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - no
icx IdeaPitchfork idea
The current wedge looks comparible to the last wedge we saw before that huge move
WE saw exactly the samle fake out under the wedge before that X3 move.
ICX BTC AnalysisBROKE LONG TERM TRENDLINE:
- Trendline on BTC pair broken
- Find support at earlier support levels
- Making higher highs and lower lows ever since
- RSI not extreme high
ICXBTC is testing daily resistance 🦐$ICX.X will have a breakout and turn the resistance into new support, According to Plancton's strategy (check our Academy), we can set a nice order
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
