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Icx

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.
Long
by moon333
4
✳️ICON/USDT Analysis (23/12) #ICX $ICXICX is still having difficulty breaking up at higher price levels because of its selling force is still strong. 0.35$ zone is still a reliable support zone so we could buy if ICX approaches this zone. I think, ICX will initiate an uptrend in early January to 0.5$ and 0.65$ or even 1$ zones in early February. 📈BUY- LONG -Buy: 0.34-0.36$.SL if B -Buy: 0.49-0.51$ if A.SL if B 📉SELL-SHORT -Sell: 0.64-0.66$.SL if A -Sell: 0.95-1$.SL if A ♻️BACK-UP -Sell: 0.34-0.36$ if B.SL if A -Buy: 0.19-0.21$.SL if B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
by CryptoStation
2
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.
Long
by Horus83
2
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.
Long
by moon333
1