ICON Bullish Continuation ScenarioLooking for further bullish movement as a result of a breakout from a falling wedge
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Iconeth
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980)
Ending of entry zone (0.000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001400
TP2= @ 0.001760
TP3= @ 0.002250
TP4= @ 0.002965
TP5= @ 0.004325
TP6= @ 0.005420
TP7= @ 0.006520
TP8= Free
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 43.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980)
Ending of entry zone (0.000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001400
TP2= @ 0.001760
TP3= @ 0.002250
TP4= @ 0.002965
TP5= @ 0.004325
TP6= @ 0.005420
TP7= @ 0.006520
TP8= Free
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980)
Ending of entry zone (0.000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001400
TP2= @ 0.001760
TP3= @ 0.002250
TP4= @ 0.002965
TP5= @ 0.004325
TP6= @ 0.005420
TP7= @ 0.006520
TP8= Free
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980)
Ending of entry zone (0.000770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.001400
TP2= @ 0.001760
TP3= @ 0.002250
TP4= @ 0.002965
TP5= @ 0.004325
TP6= @ 0.005420
TP7= @ 0.006520
TP8= Free
Double descending scallop ICXETHTwo descending scallops in a row! Will this pattern continue with a third? Small bullish upside expected in the near/short term due to the formation of this chart pattern, as can be seen on the first descending scallop.
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 53.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002020 to 0.001770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.002020)
Ending of entry zone (0.001770)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.002240
TP2= @ 0.002390
TP3= @ 0.002580
TP4= @ 0.002740
TP5= @ 0.003000
TP6= @ 0.003400
TP7= @ 0.003730
TP8= @ 0.004440
TP9= @ 0.004940
TP10= @ 0.005920
TP11= @ 0.006900
TP12= @ 0.008290
TP13= @ 0.010070
TP14= Free
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the Resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002910 to 0.002380). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.002910)
Ending of entry zone (0.002380)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.003400
TP2= @ 0.003730
TP3= @ 0.004440
TP4= @ 0.004940
TP5= @ 0.005920
TP6= @ 0.006900
TP7= @ 0.008290
TP8= @ 0.010070
TP9= Free
There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM is in a range bound and the Resumption of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.002910 to 0.002380). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.002910)
Ending of entry zone (0.002380)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.003400
TP2= @ 0.003730
TP3= @ 0.004440
TP4= @ 0.004940
TP5= @ 0.005920
TP6= @ 0.006900
TP7= @ 0.008290
TP8= @ 0.010070
TP9= Free
There is a trading opportunity to buy in Icon EthereumTechnical analysis:
. ICON/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0041 to 0.0034). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0041)
Ending of entry zone (0.0034)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0049
TP2= @ 0.0061
TP3= @ 0.0070
TP4= @ 0.0075
TP5= @ 0.0090
TP6= @ 0.0105
TP7= Free
There is a trading opportunity to buy in Icon EthereumTechnical analysis:
. ICON/ETHEREUM is in a range bound and beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 47.
Trading suggestion:
. The price is in a range bound and we forecast the uptrend would begin.
. There is a possibility of temporary retracement to suggested support zone (0.0041 to 0.0034). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0041)
Ending of entry zone (0.0034)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0049
TP2= @ 0.0061
TP3= @ 0.0070
TP4= @ 0.0075
TP5= @ 0.0090
TP6= @ 0.0105
TP7= Free
A long-term Trading Opportunity To Buy in IconTechnical analysis:
. ICON/ETHEREUM is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0050 to 0.0044). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0050)
. Ending of entry zone (0.0044)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0061
TP2= @ 0.0070
TP3= @ 0.0075
TP4= @ 0.0090
TP5= @ 0.0105
TP6= Free
A long-term Trading Opportunity To Buy in IconTechnical analysis:
. ICON/ETHEREUM is in a Range Bound and Beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (0.0050 to 0.0044). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
. Beginning of entry zone (0.0050)
. Ending of entry zone (0.0044)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0061
TP2= @ 0.0070
TP3= @ 0.0075
TP4= @ 0.0090
TP5= @ 0.0105
TP6= Free
