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ICXUSDT trade ideas
ICX/USDT Need to bouncing to continue the upward movement !!💎 ICX has undoubtedly captured significant attention in the market. Currently, it has perfectly broken out of the rounding bottom in the supply area with substantial volume. ICX is currently undergoing a retesting phase in the demand area, which precedes the supply zone.
💎 If the retesting phase in the demand area proves successful, there is a likelihood that ICX's price will bounce, the probability of continuing its upward trajectory and reaching our target in the major supply area.
💎 However, if ICX encounters difficulties during the retesting phase at the demand zone and struggles to maintain its position, resulting in a breakdown, the scenario shifts to a bearish movement.
💎 In such a case, ICX may retracement to the next lower demand area. At this point, ICX would require a bounce to reclaim the area around $0.26 to sustain its upward movement. Failure to reclaim this area could lead to a continued downward movement, possibly returning to the strong support zone.
Trade signal | ICON (ICX) completed setup for upto 30.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin with US Dollar pair.
Recently we caught more than 68% pump if ICX as below:
Now on a 2-hr time frame, ICX has completed a bullish Gartley setup for the next price reversal.
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.
ICXUSDT.PThe asset was under strong pressure from short participants and reached a value of $0.49255, where buyers began to show their activity, and the price gradually started to rise. Subsequently, the coin began to form the 'Cup and Handle' chart pattern, indicating the presence of strong buyers. The final confirmation of this pattern occurs when the asset breaks through the resistance level from which its formation began, as we can observe on the chart.
ICXUSDT (Icon) and the Range-Trading Conundrum🌟In the ever-evolving world of crypto, ICON (ICX) against USDT (Tether) presents an intriguing narrative. To comprehend this evolving scenario, we delve into the recent price action and pivotal technical indicators.
🌟Today, ICXUSDT witnessed a notable event – a clean rejection transpired at the 88.6% Fibonacci resistance level. This particular price juncture has significant implications, indicative of both short-term price dynamics and broader market sentiment. Concurrently, this level aligns with a robust supply zone that has established itself over the preceding six months.
🌟This confluence of technical factors spotlights the prevailing dominance of sellers within the IMXUSDT market. A critical aspect contributing to this bearish bias is the resolute failure of bullish forces to conquer the formidable supply zone. Their inability to breach this critical threshold amplifies the control wielded by sellers in this market.
🌟Furthermore, as we dissect the prevailing market structure, a compelling proposition emerges. The potential existence of a substantial range-trading zone complicates the traditional conception of trend dynamics. Instead, it sets the stage for more lateral price movements, rather than a decisive trend. This observation underscores the intricate and finely balanced market sentiment surrounding ICXUSDT.
🌟In summation, with a heightened degree of confidence, it can be projected that the cryptocurrency's price will endeavor to navigate a southward trajectory once more. This projection prompts a vigilant assessment of two critical price zones.
🌟The initial zone, situated around the 61.8% Fibonacci support, near $0.18, signifies a minor demand zone. Additionally, its position within the broader price structure of IMXUSDT marks it as an area where buyers have historically exhibited a propensity for engaging in significant market activity.
🌟Subsequently, the second zone, at approximately $0.15, gains prominence as it aligns with the establishment of a double bottom pattern within the ICON price narrative. This double bottom formation underscores the region's inherent capacity to serve as a robust demand area, historically attracting buyers and fueling market demand.
In closing, the ICXUSDT market offers a nuanced tapestry of resistance levels, supply zones, and historical support regions. Navigating these complexities is essential for traders and investors, as they seek to formulate well-informed strategies within this ever-dynamic crypto landscape.
Trade Signal | ICON (ICX) coin is ready for upto 15% pumpHi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin with US Dollar pair.
Our last successful trade of ICX was the below one:
Now on a on a 4-hour time frame, ICX has formed a bullish Gartley move for the next price reversal.
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 Upward Momentum ??? The second pump is coming!💎 ICX has undoubtedly piqued our interest. Recently, ICX managed to break free from the consolidation phase and also surpassed the supply zone. This ascent was marked by a significant upward surge, bypassing the initial need for a retesting phase.
💎 However, ICX faced a stern rejection at the supply zone ranging from $0.210 to $0.216. It's plausible that ICX might retreat for a retesting phase, eyeing the Demand level at $0.188 or the lower timeframe (LTF) demand at $0.185.
💎 Upon reaching this demand zone, it's crucial for ICX to rally, crafting a bullish rejection candle to signal readiness for a resurgence and another attempt at breaching the supply zone.
💎 However, there's a downside risk. If ICX reaches the demand zone but fails to forge a rejection candle, instead crumbling through the demand level, it could spell a bearish phase for ICX. This scenario could potentially drive the price further down toward a robust support level, or even as low as the key support threshold.
ICXUSDTICXUSDT is in bearish trend.
Potentially printing LH and LL.
Bearish flag pattern also form.
This will strongly indicates trend will continue from here.
we buy at CMP.
icx on verge of massive breakout seems like getting ready for massive breakout
formed descending channel and testing multi year trendline expecting breakout soon incase of successful breakout expecting bullish rally towards 1$ in coming weeks icx needs volume to take off
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(ICXUSDT chart)
It seems that the coin market in our country (Republic of Korea) is particularly prone to fraud.
I don't think there is anyone who hasn't suffered damage at least once because of this.
I, too, am one of those who have suffered damage.
I believe that ICX is the coin that has survived with almost no noise in this market environment.
(1M charts)
The key is whether the price can be maintained by rising in the 0.1796-0.2908 range or higher.
(1W chart)
The key is whether it can receive support in the 0.1602-0.1953 range and rise above 0.2609.
(1D chart)
The key is whether the price can be maintained by rising above 0.1878.
If that happens, it is expected to lead to a move to rise above 0.2731-0.2779.
However, we need to check whether it can exceed the 0.22 range.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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ICXUSDT/SCALPHello, my friend, this is my suggestion only for scalp. If you like these suggestions, follow me and leave me a comment.
Honestly, this is just my idea, buy and sell is always in your hands
So profit and loss are related to you
ICX - Expect another lower low
Price is consolidating below 0.1750 resistance (in gray), and I expect another lower low below 0.1507.
We could also see a fakeout to the upside above resistance, but if it fails it will trigger a short trade for me.
🚨 Trade Update: ICX/USDT (3-5x)🚨 Trade Update: ICX/USDT (3-5x)
📈 Long Entry: 0.1490 - 0.1690
OTE (Optimal Trade Entry): 0.1570
SL: 0.1390
B/E Move: When it moves close to TP2
TPs:
Short Term: 0.1720 - 0.1750 - 0.1790 - 0.1850 - 0.1920 - 0.2050
Mid Term: 0.2200 - 0.2400 - 0.2700 - 0.3000
**Disclaimer: Past profits do not guarantee future results.
Is there a risk? Of course. The whole financial market is subject to risk; any fundamental reason or sudden change in the market sentiment can reverse the current market dynamic and cause a loss. Do not take excessive risks which you cannot afford to lose. There is no obligation to take this trade; please avoid the trade if you disagree with the trade analysis.
EDK FORUM TRADING®
ICX/USDT longDirection: LONG📈
Reasoning: Decrease in bearish momentum and retest of mid term support
ENTRY: 0.149 - 0.169
OTE: 0.157
TARGETS
Short Term: 0.172 - 0.175 - 0.179 - 0.185 - 0.192 - 0.205
Mid Term: 0.22 - 0.24 - 0.27 - 0.30
STOP LOSS: 0.139
ICX SHORT SETUPHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the ICX symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✴️ ICON 200% Target Potential MappedICON (ICXUSDT) managed to closed above all of the moving averages last week but one, EMA200 (purple).
Today, current session, ICXUSDT is moving above it and this open the doors for explosive, fast growth.
MA200 is also relevant as a moving average and was conquered as resistance just 5 days ago.
The entire setup is pretty strong because we not only have the moving averages being left behind but the trading volume is obviously leaning towards the buy side, not to mention the ascending channel (higher highs and higher lows).
We have mainly two targets in mind, 113% and 210%. This can happen fast if ICXUSDT manages to close above EMA200 today.
That's all.
Thank you for reading.
Namaste.
ICXUSDTHello Crypto Lovers, This is a 1D frame analysis for ICXUSDT As we can see, the price has come back to its resistance line and we can consider two scenarios. Scenario one: it is possible that the price will not be able to settle above the first resistance line and we should consider a pullback. Scenario two: if the price is able to settle above the first resistance line, it can move towards the resistance zones. If it is able to break and settle above the resistance line, those who do not want to take more Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
icx did 20%As mentioned in previous ICX chart idea that you can go Long on breakout. And now it did 20% after breakout and 12% profit after retest
Quick ScalpLooking a good deviation and i have entered in long here for a scalp towards 0.2350.
might bounce towards this level fast.
Note: Not a finished advice.
ICX 4H chart Icx chart is very clear and we should wait for breakout and long incase of retest. And there are two support lines if we got rejected from red box resistance. Keep eye on it
