Iconusd
ICX back to $3 area.ICX is currently breaking above resistance area. I bought at market few moments earlier, may be a good idea to get in!
RSI gave a buy signal.
EMA's gave a buy signal.
TP at $3 area, about 10% profit.
Good luck!
Also don't forget to leave a comment as Tradingview algorithms likes comments 😂
$ICX - A realistic projectionSadly, too many moonboys in the space who have no idea how market cap works as a function of price. Especially when the supply of a token has since inflated dramatically since the ICO / mania / hype / listing phase.
Yes the overall market is growing in market cap - however there are also many more projects competing for said market cap, so it's all relative.
Do I think we see ATH this bullseason? Totally.
Do I think it happens tomorrow this month ? Unlikely.
I do see a pattern that I have laid out, following along the linear regression channel, with a rough elliot wave projection towards 4.50-4.80 area, with support areas shown.
The RSI is showing high lowers but lower highs, which may mean momentum is slowing.
Either some large fundamental news needs to come for ICX to get an unnaturally large pump in the price (like a coinbase listing for example), or we will likely see quite boring price action here.
Then again, there's always the possibility of irrational mania at some point and this could moon sooner, but as always, the easier it comes, the easier it goes, so stay prepared :)
ICX ICON is very good long term investment. Huge staking profit!ICX is another coin on our golden long-term list. We are bullish on ICON, it is very good coin. You can stake it (for example on atomic wallet) for huge profit. It is one of the best coin to staking!
If you want to know our golden list of altcoins for this bullrun and play with us on short term signals feel free to join us on our website!
ICON (ICX) Will Set New High After Breaking Out This ResistanceHey friends, hope you are well, and welcome to the new update on ICON coin.
Cypher move and a 200% rally:
In the month of Oct I posted a chart, in which I showed that the price action of ICX with US Dollar pair has formed a big Cypher on monthly chart and soon it will be turned bullish from the potential reversal zone of this pattern.
Support and resistance levels:
On ICX with US Dollar pair, after the 200% move the priceline has found resistance at $0.95 and after getting rejected by this level the priceline broke down the previous support of $0.80 and after getting bounced by daily 25 simple moving average again breaking out the $0.80 resistance level.
Up channel:
On a daily time period chart, the priceline of ICX coin with US Dollar pair is moving in an up channel. After the recent bearish move, the priceline spiked below the support and used 21 exponential moving average as support and re-entering the channel right now. If the priceline will again reach the resistance of this channel then we can see an imminent move up-to $0.95.
Big Shark move:
On the monthly time period chart, ICX with Bitcoin pair has completed a big Shark pattern and now it is gearing up. So we can expect a big move soon in the BTC market and in the US Dollar market as well.
Long-term final resistance:
The ICX with Bitcoin pair has been bounced from the 0.00001400 btc support and reached the next resistance at 0.00003000 btc, after this level we have the next resistance at 0.00006100 btc and the final and key level resistance can be 0.00009100 btc because in long-term there is no significant resistance after this level.
Conclusion:
Once the priceline will break out the key level resistance and it can surpass the highest price and set the new high in the history of ICX coin.
ICXUSDT a big channel breakout expectedDifferent support and resistance level:
The price action of Icon is rejected by $0.80 resistance and now moving between $0.65 to $0.80 support and resistance levels. There is also daily 25 simple moving average support at $0.65 support. If the $0.80 resistance will be broken out then the next resistance would be at $0.95.
Big up-channel:
The price action of ICX has formed a big up-channel on the weekly chart. There is a powerful bullish candlestick trying to break out the resistance of this channel at the moment.
Harmonic moves on short-term:
On the short-term 2-hr chart, 1st the price action formed a bullish BAT then completed a bullish Shark. Now the priceline of ICX is completing another bullish harmonic BAT pattern. Even though this is a very small pattern, but at this time it is very significant. Because the priceline is also trying to break out the resistance of the big channel and a bullish reversal from the potential reversal zone of this pattern may help the price action to break out the resistance of the channel as well.
SMAs in the long-term:
Icon with Bitcoin pair, on the weekly chart, the 7 simple moving average has started lifting the priceline to the upside. Now there are 25, 50, and 100 simple moving averages above the price action. If the price action will be able to cross them up then a big move will be triggered against Bitcoin.
Ichimoku cloud:
With Bitcoin pair. the price action of ICXis also moving below a big bearish Ichimoku cloud resistance and for any big move breaking out this cloud is very important.
Conclusion:
If the price action will start breaking out the simple moving averages resistances on the weekly chart, then it can work as a big chain reaction. Every moving average can lift the price action up and it can also lead the priceline of ICON to break out the big bearish cloud as well.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ICX completing bullish BAT | A good long opportunityHi friends, hope you are well and welcome to the new update on Icon.
After the successful formation of a bullish BAT and a bullish Shark now again on small time period 2-hour chart, the price action of the ICX is completing the final leg of bullish BAT and soon it will be entered in potential reversal zone. On breaking down 100 SMA the pattern will be confirmed. There is also 200 simple moving average support below the potential reversal zone area.
Possible profit and loss ratio:
This trade has profit possibility of 13.5% and the loss possibility is only 2%
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.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ICXUSDT a big bullish setupHey friends, hope you are well and welcome to the update on ICON (ICX) coin.
Long term up-channel:
The price action is moving in a long-term up channel on weekly chart and reached at the resistance. Candlesticks also having good supports of EMA 10 and 21 as well.
Support and resistance levels and SMAs:
The price action of ICX coin is rejected by $0.65 resistance level and moving between $0.55 to $0.65 support and resistance level. If the price action will break out the $0.65 resistance then on long-term there is not significant resistance up to $2.40. The price action also has good support of SMAs with the time period of 25, 50 and, 100.
Simple moving averages on daily chart:
Simple moving averages on daily chart, with the time period of 25, 50, 100 and, 200 are moving above the price action of ICON and 25 SMA is likely to cross down the price action.
Ichimoku cloud:
On the long-term weekly chart, the price action had a powerful resistance of Ichimoku bearish cloud but now the cloud is turned bullish, so now the priceline may break out this bullish cloud.
This move can be like Ethereum when the price action of ETH found weak resistance of Ichimoku cloud on the weekly chart, then it broke out this cloud with powerful bullish divergence.
Conclusion:
Even though on long-term the price action of ICON is having strong resistance of an up-channel but from small to long-term the priceline of ICX is turning bullish . Once the channel on the channel on the weekly chart will be broken out then the priceline may start a powerful bull run soon.
For exact buy and sell targets for this trade, and other harmonic trading signals you can join:
www.patreon.com
ICX a big parabolic move expectedHey friends, hope you are well and welcome to the new update on ICX coin.
Previously I shared two ideas of ICX with you, one was a formation of Cypher pattern in USD marker and the other was the formation of bullish Shark pattern in the Bitcoin market.
The price action of Icon coin turned bullish in USD market and produced more than 100% profit rally sofar. In the meanwhile, it has also completed the final leg of bullish Shark in the Bitcoin market.
ICX with USD pair Cypher move:
ICX with BTC pair move:
An up channel formation and EMAs:
On the long-term weekly chart, in US dollar market the price action of ICX coin has formed an up channel and also using exponential moving averages with the time period of 10 and 21 as support. This time the EMAs 10 and 21 have just formed a bull cross and the priceline is turned bullish.
Different support and resistance levels:
On the long term weekly chart, the priceline of ICX has broken out the $0.46 and $0.55 resistance levels and trying to break out the key level resistance of $0.65. If the $0.65 resistance level will be broken out then there is no significant resistance that can be found up to $2.39 as per the Binance exchange. Therefore it is possible that once the price action will break out the $0.65 then it will also break out the resistance of an up-channel that has been formed on the weekly chart.
Alligator mouth and a parabolic move:
On the long-term weekly chart, the simple moving averages with the time period of 25, 50, and 100 have formed an opened alligator’s mouth and lifting the price action to the upside. This move is turning parabolic now.
Similar parabolic move expected like XLM:
The same parabolic move can be seen in the XLM chart as well, therefore we can expect that now the price action of ICX will turn more strong parabolic bullish like XLM to lead the altcoins bull run.
Conclusion:
As the price action of Icon coin has already turned bullish in the USD market but it can turn more bullish as it has just completed a big bullish Shark move in the Bitcoin market.
ICXUSDT breakout setup still in play?Very weak breakout followed by a move back into consolidation range so this was a no go.
But fakeouts like these can sometimes follow through on the original breakout premise with a vengeance.
So yes, I think this is still in play. But I think it's better to wait for a strong signal before entering. Specifically, I'm waiting for the current candle to close near its high with decent volume. Market might leave me behind but that's okay. There will be other opportunities to buy this if a bull run materializes (e.g. look for a buy above 0.53... etc.)
ICXUSDT (falling Wedge Breakout)#ICXUSDT Technical Analysis Update
Falling Wedge Breakout
ICX/USDT currently trading at $0.452
LONG ENTRY level: $0.450 to $0.456
STOP LOSS: below 0.428
Target 1: $ 0.4735
Target 2: $0.4980
Max leverage: 4X
ALWAYS KEEP STOP LOSS...
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ICON - Next Moon Soon!Hi,
Everything is on the chart. ICON is one of my favorite asset because of its fantastic potential and I would like to share my little point of view about it.
Wave 2 should be over (in orange color). We draw a huge beautiful ascending triangle and we compress more and more.
The shareholders' capital still keep on to strengthen.
We should easily hit the TARGET 1 and 2 during the next months (maybe weeks).
It's a long for me!
Trade safe and not with your emotions...!
Cheers,
PS: it's not a Financial Advice.
Weekly Bullish Watchlist 3Potential continuation patterns (USDT Pairs):
ICON,
Celer Network,
Qtum,
Zcash,
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
ICXUSDT formed bullish Gartley | Upto 44.2% expectedOn daily chart, the price action of ICON (ICX) has completed the final leg of Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Potential reversal or buying zone: $0.3893 to $0.3475
Fibonacci projection or sell zone: $ 0.4222 to $ 0.5014
Stop Loss:
The potential reversal zone area that is up to $0.3475 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 44.2% and as per the above-mentioned stop loss, the loss possibility is 11%.
Note: Above idea is for educational purpose only.