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ICXUSDT trade ideas

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
Today we review ICX. Will it reach the Fibonacci level of 0.618?Hello everyone! Today let's take a look at the cryptocurrency ICON. At the beginning of April, the asset had a rapid growth, resulting in a 130% increase in price, breaking the strong Fibonacci level of 0.236 and further 0.382. However, the asset failed to consolidate above the latter and began to correct. Currently, the asset is approaching the Fibonacci level of 0.238, where the uptrend line is also located. Therefore, it is possible to look for an entry point to a position in the range of $0.28-0.29. The targets are the next Fibonacci levels at $0.46-$0.97 (+57%, +230% profit). This is not a financial recommendation, and everything you do is done at your own risk.
Long
by neverovv
2
ICX longwaaSUP everyone, i just put on a long trade on ICX based on the probability below on the 144 minn TIme Frame 1.hit the 0.706 fib retrace, 2 low on the stoich rsi, 3.low on the mac d wanting to curl up 4 histograms curling up into the green 5 money flow curling up into the green 6 hidden bull divvy 7 measured move to a resistance area at 0.59 However Moving averages are low down and needs to bounce which it looks like it is doing. Anything can happen, probability is key
Long
by Crypto_SUP_Surfer
🔥 ICX Oversold Bounce After Massive Run-UpICX has been one of the major winners of the last week. However, price action has been negative after topping out around $0.48. With BTC seemingly bouncing, it seems that ICX is primed for a huge upward move, just like we saw a couple of days ago. - ICX has hit hourly oversold for the first time in weeks. Hourly oversold in a strong uptrend is a great moment to enter. - ICX has bounced off the 0.618 Fibonacci Retracement line, which is often a strong resistance. I'm aiming for the orange and red lines as my targets (0.40 and 0.433)
Long
by FieryTrading
4