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ICXUSDT trade ideas

✴️ 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.
Long
by MasterAnanda
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
by MarsSignals
2
TOKEN TO WATCH | ICX | Sepolia Bridge Potential 24% TargetTOKEN TO WATCH | ICX | Sepolia Bridge Potential 24% Target There is still some time left in May for this news to take hold although it is a little irrelevant as this is opening the doors to some bigger potential. With usual biggish news announcements and launches we can see dumps although longterm it is only a positive and can see the price drive up. The complimenting factor here is that we are also seeing some pretty nice technicals lining up although need to wait for a break of the key trendline
Long
by Kryptochristian
5
ICX: is it still alive?I've stopped to follow ICX but today I ended up on a DEX where years ago I moved a small bag of them I own, so I went back to check the chart. I know ICX blockchain is used in Korea (for ID cards or something like that) but I really have no idea if there are chances for another run. Anyone knows something? Assuming history will repeat (I'm not a big fan of this theory but it's the only think I can suppose right now) I foresee two options: 1) orange forecast: based using the highest volume on the weekly as a pivot for the upcoming rise of price 2) blue forecase: based on time from last peak and ruling out the big dump between the two weekly peaks If scenario 1 is right we should test ATH in June 2024 while if the correct scenario is the number 2 then 2024 will see an uprise of prices but it should take 2025 to get to past ATH and probably 2026 for new highs. I tend to think that scenario number 2 is the more likely assuming ICX is not a dead coin. If anyone of you is informed on this coin please share your knowledge. Thanks
by Shotokhan
8
ICXUSDT wants the breakout? ICXUSDT is currently exhibiting a descending channel pattern. A descending channel is characterized by a series of lower highs and lower lows, indicating a bearish trend. According to Plancton's rules, a potential trading strategy could involve waiting for a breakout from the descending channel before considering a new long position. A breakout occurs when the price breaks above the upper trendline of the descending channel, suggesting a potential shift in market sentiment and a possible reversal of the bearish trend. However, it's important to exercise caution and confirm the breakout with additional technical indicators or price action analysis before entering a long position. False breakouts can occur, so it's crucial to verify the validity of the breakout signal. Once a valid breakout is confirmed, a new long position could be considered based on Plancton's rules. This implies that the trader expects the price to reverse its bearish momentum and potentially enter an uptrend. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
14