ICX UpdateICX has had a good run the past week, but now faces the 200 day MA which has acted as resistance previously. A break above and we can make some nice moves.
ICON
ICXUSDT (1h Chart) Head and Shoulder PatternICX/USDT(1h Chart) Technical analysis Update
ICX/USDT(1h Chart) Currently trading at $1.19
Buy level : Above $1.17
Stop loss: Below $1.11
TP1: $1.24
TP2: $1.29
TP3: $1.36
Max Leverage 3x
Always keep Stop loss
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ICX/USD LoadingICX/USD
Hello. You can check out icx, one of the beautiful cryptocurrencies that has not been priced yet.
It is not investment advice.
ICX - ICON LOOKS INTERSTING FOR POSSIBLE BREAKOUT 1.57+ICON looks interesting for a possible breakout trend, as we did add into the chart view.
The target could be 1.57+ with a high time frame that around 38% +
Don't expect to fast increase as markets go on their way. it's possible, but manage first good your risk.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect
All our charts are not advice and you are responsible for your own investment
Elliott Wave Analysis: ICXUSD Can Be Forming Wedge PatternHello Crypto traders!
Today we will talk about ICON cryptocurrency in which we are tracking the final wave C that can be completed within a bigger ending diagonal (wedge) pattern, where ideal support would be around 0.50 - 0.40 area, where we also see 161,8% Fibo. extension target of wave A.
An ending diagonal a.k.a wedge pattern is a type of pattern that can occur at the completion of a strong move. It reflects a “calming” of the market sentiment such that price still moves generally in the direction of the larger move, but not strongly enough to produce an impulsive wave.
Ending diagonals consist of five waves, labeled 1-2-3-4-5, where each wave subdivides into three legs. Waves 1 and 4 overlaps in price, while wave 3 can not be the shortest amongst waves 1, 3, and 5.
As you can see ICXUSD can be trading in final stages of wave "v" of C, but final subwave (c) of "v" is still missing, so watch out for that final drop, maybe even a spike before bulls show up.
Be humble and trade smart!
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Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
triple combination into the bullish triangleICX is a crab harmonic pattern in the weekly timeframe.
buy point=$0.7
ICON (ICX) Get Ready For The Next Huge RallySupport and resistance levels:
The price action of the ICX coin is moving between the $0.60 support and $1 resistance levels. On the weekly time frame chart we have 3 more resistance levels working as major resistances after $1. These resistance levels will be $1.30, $2.30 and $3 is the final resistance as per the Binance exchange.
Oscillators:
On the weekly time frame, it can be seen that while the price action has found very strong support at $0.60, at the same time the stochastic has also entered the oversold zone and MACD is giving bullish signals by changing from a strong bearish to weak bearish.
Falling wedge:
Previously we have seen that the price action of ICON was breaking out the resistance of a down channel. But it was failed to break out and moved back into the channel again. This time the support of the channel is lifted up. Therefore, the channel has been transformed to a falling wedge pattern and now the price action is again moving up to make another attempt to break out the resistance of this falling wedge pattern.
Big bullish BAT move:
On the Weekly time period chart, the ICX has formed a bullish BAT.
As per the Fibonacci sequence of harmonic BAT the buy and sell targets of this pattern can be as below:
Buy between: $0.9161 to $0.6255
Sell between: $1.60 to $2.64
The maximum extent of buying zone can be used as a stop-loss, which is $0.6255. As per the above targets, this trade has a big profit possibility of 320% and the big loss possibility is 30%.
ICX Resistance ICX has two clear resistance barriers to get through before we see it make a decent move.
Firstly the 0.81 horizontal resistance then the long term resistance trendline
ICON (ICX) Big Pump AheadMajor resistance and support levels:
On the weekly time frame chart, we have three major support and resistance levels. While moving towards the upside the price line faced strong resistance at $2.30 and after being rejected made another attempt and broke out this resistance. Then finally after finding very strong resistance at $3, the price action dropped down and also broke down the $2.30 support which was previously working as resistance and stopped at $0.60 support level. Is very strong support because previously it has been working as resistance several times. Now the price action is likely to take bounce from here.
Different Indicators:
If we take a look at the different indicators on the weekly time frame, then the stochastic is moving in the oversold for past several weeks which is indicating that the price of ICX is quite oversold now. For the last three weeks, the moving average convergence divergence (MACD) indicator has started turning bullish which is signaling to a big move in the long term.
Breaking out the channel:
Now if we switch to the 12-hour chart, then here the price action of Icon is moving in a down channel, and recently it has broken out the resistance of the channel and retesting the previous resistance of this pattern as support. If the priceline will be successful in re-testing this previous resistance as support then it can start a big rally from here, otherwise it ICX ca re-enter in the same channel again.
Big bullish BAT move:
On the Weekly time period chart, the ICX has formed a bullish BAT. As per the Fibonacci sequence of harmonic BAT the buy and sell targets of this pattern can be as below:
Buy between: $0.9161 to $0.6255
Sell between: $1.60 to $2.64
The maximum extent of buying zone can be used as a stop-loss, which is $0.6255. As per the above targets, this trade has a big profit possibility of 320% and the big loss possibility is 30%.
ICX has broken resistance Another one we have been accumulating waiting for this break above resistance. Ridiciously undervalued. Up only
ICX Ridicolously UndervaluedI remember selling a big bag of ICX for double digits early 2018 and seeing it under $1 is crazy to see. It recently tested long term resistance trend line and a break above would be a great ebtry point forthe trend reversal.
ICX/ETH Fractal Cool 2014-2017 XRP/BTC Fractal I found that looks pretty similar to the current ICX/ETH Chart. Pure speculation, lets see how it plays out.
ICX $100+ Target Zoomed inA zoomed in view of the icx fractal that I made a while back. The overall target for the giant cup and handle that icx is potentially forming over the past 3 years has an overall target of roughly $200. Don't hold me to this prediction, but I think it's worth having a bag if it happens. I'm GIGA BULLISH on all altcoins right now!
Zoom Out - $10 by August ICX is a great project, but not going to pump to All Time Highs tomorrow.
Have patience. ~3x + by August is possible and likely if we follow this logarithmic growth curve.
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
ICX $100+ Target Update FractalJust Moon boy hopium. I'm thinking bitcoin tops out in the next 2-4 months. Afterwards I expect Alts to Accelerate to pluto. This is an updated version of my previous icx long term fractal, not meant to be exact.
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.
ICON's potential for this bull run.ICON has the potential to reach as high as $11 in the coming months but is more likely to turn somewhere between $4.5-$6.5.
This will form a higher degree wave 1 once finished, which means this crypto should be flying high with a wave 3 next 'bull run'.
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.
