ICXUSDT trade ideas
ICON: Broke below support, dumping. ICXUSDT is looking pretty weak, failing to get close to the ATH of 2018 of $10.28 during this bull run, with only reaching a 1/4 of that at $2.68.
With so many of the old guard of 2018, reaching and surpassing their ATH's of the previous bull run, this is a pretty clear sign of weakness.
Now that the bull run is looking pretty dead, there are no chances of even getting close to $2.68.
More bearish news are:
Below our last support in this area
Retested support, clearly turning it into resistance
Below the Ichimoku cloud
Below the 180 EMA
Bearish kumo twist
Based on all this, I'm shorting from 0.8329 with a STOP LOSS at 0.86
Right now I'm hunting for weaker crypto for shorting during periods of BTCUSDT decline
🆓ICON (ICX) June-17 #ICX $ICXICX is having a strong bounce from the $0.9 zone and it is currently heading towards the $1.40 and $2 zone and it could reach these levels in early July. However, if ICX loses this $1 zone then it easily falls to $0.7 zone
📈BUY
🔴Buy : 0.975-1.025$. SL if B
📉SELL
🔴Sell : 1.37-1.43$. SL if A
🔴Sell : 1.95-2.05$. SL if A
♻️BACK-UP
🔵Sell : 0.975-1.025$ if B. SL if A
🔵Buy : 0.68-0.72$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
ICON (ICX) The Best Buy The Dip OpportunityHi dear friends, hope you are well and welcome to the new update on Icon (ICX) coin. This is one of my favorite coin that gives a lot of trading opportunities on the different time frame charts. This time it is again going to give us a wonderful buy the dip opportunity.
The broadening formation:
The price action of the Icon coin is moving in a broadening formation that is moving towards the downside and within this pattern, the price action is moving to the downside to test the support again.
Breaking down the triangle:
On the daily time frame chart, the price action of ICX has also formed a symmetrical triangle. Now the price action has again moved at the support and breaking down the support of this triangle.
On the other side, Bitcoin has also formed the same symmetrical triangle on the daily time frame and already has completely broken down the support, therefore, the ICX is also following the footsteps of BTC.
Big harmonic BAT move:
On the long-term weekly time frame chart, the price action of the ICON coin has formed a big bullish harmonic BAT pattern and entered the buying zone. During this drop, the price action of ICX may give us chance to buy it from the very end of the buying zone of this bullish BAT, which is at $.6255.
Conclusion:
On the short and mid-term the price action has broken down the triangle and it can become more bearish. But in the long term, it can start a powerful bullish reversal from the potential reversal pattern of the big bullish BAT pattern.
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.
ICX/USDT Daily ChartICX somehow is currently under $1 a long way from the $12 I sold a big bag for back in early 2018.
As you can imagine there is cointinued support looking to keep it abaove $1, anyway you look at it accumulating at these levels can only ensure profits from here.
If $1 somehow breaks I have outlined the next logical support level.
ICX - The largest cryptocurrency project from South KoreaIn this market ICX (ICON) is undervalued cryptocurrency. The largest cryptocurrency project from South Korea under 1B mc... is this a joke? And bullshit project like Cardano gloating over 50Bmc??? Shiiiiiiiit (Clay Davis's voice). Still as every other currency, ICX could still drop a lot, if BTC price drops too. you can cost average from here to 0.5(a little bit under). Then it will also be oversold on 1W. Trade safely. In my opinion this bull is not over.
ICXUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has broken its resistance and is starting to move upwards. We have drawn resistance and support for you. Deal with your strategy. Of course, the triple floor pattern can also be seen.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ICON (ICX) formed bullish BAT pattern for upto 320% move
Hi dear patrons, hope you are well and welcome to the new update on the ICON (ICX) coin.
On the Weekly time period chart, the ICX has formed a bullish BAT
Buying and sell targets:
Buy between: $0.9161 to $0.6255
Sell between: $1.60 to $2.64
Stop loss:
The maximum extent of buying zone can be used as stop loss, that is: $0.6255.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 320% and the big loss possibility is 30%.
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
$ICX/USDT Binance 4H by imRedaSouhail.About the ICON($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.