$ICX Inverse Head & Shoulders = Trend ReversalIcon is a fundamentally sound project, but hasn't received the love it deserves lately.
They just released IconFi, and a bunch of other upcoming catalysts could be good for this project moving forward.
Catalysts including .. Rosetta Integration = Pre-Requisite for Coinbase Listing , Revision 12, CPS, and ICON 2.0 Alphanet
It is alt season after all..
The chart pattern that is forming against the $BTC pair is an inverse head and shoulders, which indicates a bullish trend reversal.
You can also see the RSI is neutral and Stochastic RSI is oversold.
I think this token has potential to do well over the coming days.
Not financial advice.
Project website: icon.foundation
Updates: medium.com
Icx
$ICX Bullish continuation channel?Guys Two SHORT TERM option. either we bounce hard ( as it looks like doing at the time of writhing) or we break channel, and test 1.20$ as support again.
No stress guuys! this is all short term movement. hugely bullish still!
STAKE! AND STAY CALM, DONT GET SHAKEN OUT!
NO levels of resistance after the 1.83 level..... ICX to fly Looking at all levels of resistance we have nothing to stop us after we break this line, reason ?? there was no price action back at start of july 2018, price fell from 13$ so fast, no levels where set, from 1.80$ - 4$ + is no levels stopping it
sell orders on the book will be hard to break as people have been holding since last bullrun.... but man ICX is primed for liftoff.
$icx on its way to 2.50$Weak hands got shaken out today on major support ( 1.20$) and we got a huge bounce. we met strong resistance outlined on the chart. lets make 1.66$ as support and move towards 2$+.
We are looking insanely bullish. the next weeks and months are going to be life changing.
HODL + STAKE + AIRDROPS!
Crazy bounce, whats next ? UPDATE.So we did broke down as predicted, and 1.20$ made perfect support, it bounced of perfectly and with the binance staking news its at a crucial point now.
Either we break the resistance again en move up to new highs and start our way up to 2$... or we will get more blood because bitcoin doesnt look to good, and we will visit 1.20$ again, and proberly 1$.
if that does happen i expect a crazy V shape recovery!.
I hope for the green option.
lets see!!
DONT FORGET TO STAKE YOUR $ICX!
What happens coming days for $ICX ? Even though i dont day trade and am not bothered with the short term movement, i want to keep you guys up to date, what i think will happen in the coming days. There a two option, we bounce from trendline and keep pushing forward, or break it and test 1.20$ as strong support.
Guys! nothing goes straight up, if you think it does, wake up!
STAKE, and relax! $ICX 50$ this year still on track!
ICXUSDTICXUSDT (1H CHART) Technical Analysis Update
ICX/USDT currently trading at $1.35
Buy-level: Above 1.40 (only enter if 1h candle closes above 1.40)
Stop loss: below $ 1.25
Target 1: $1.55
Target 2: $1.70
Target 3: $ 2.00
Max Leverage: 3X
ALWAYS KEEP STOP LOSS...
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$ICX/BTC 4h (Binance Spot) Falling wedge break and retestIcon looks very bullish after that falling wedge breakout!
Current Price= 0.00001964
Buy Entry= 0.00001965 - 0.00001895
Take Profit= 0.00002331 | 0.00002670 | 0.00003269
Stop Loss= 0.00001662
Risk/Reward= 1:1.5 | 1:2.76 | 1:5
Expected Profit= +20.78% | +38.34% | +69.38%
Possible Loss= -13.89%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 480h
ICX/BTC Pairing, Direction of next levelsICX/BTC Pairing, next levels of resistance ahead to note.
High volume node at 4118 sats
Key Level 'mini POC'/0.618 fib - 4728 sats
Then the more major consolidation level up at the 6365 Sats previous highs.
First to clear the 0.382 fib and 1-1 extension of the current move with local POC holding price at current level.
ICX to the 69th floor!!current price: .84
short term goal: .92 - .94
long term: $2
ICX has been trading on the lower value side ( purple line) it should be hitting the .93 target within a week. Long term goals of $2 by April, $5 target for August.
ibb.co/Br10sJW
-passing the tops trend, orange line, shows a short term pump building
ICX +22.5%hello guys,
new TA from me. This time a ICX TA. this coin has i think a big potential in short time. the blue lines ar the previous lows, at this moment ICX just bounching up from support. And i think that te blue path i drawed is correct. I took the distance of several High and lows in the past, and coppied the lines on the TA. The downs might look verry steep, but ICX shows that he can lose 12% in less then an hour. look att the bearish candles.
The 0.77 should be around 11th of februari.
If he breaks tru the previous lows, he falls back to the low under that. If that happends, what i don't think it will. I'l update my TA.
I just want to say that i am really thankfull for the persons following me, it motivates me thank you so much!!
No advice, just my opinion!
Tim