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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Icxbreakout
ICON (ICXBTC) Ready for 3x MoveICON is a good coin and the chart looks perfect for an upward move. There is a Bat pattern on the chart which is a bullish pattern and also ICX is at the horizontal support area. ICX will give 50-300% returns in the next 3-6 months and a must hold coin for the altseason.
Buy Zone: 1850-1920
Targets: 2200-2550-2960-3480-3880-4600-5500-6300-7500
Still looking bullish unless it breaks THIS key support level*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*Thank you to those who donated, I very much appreciate it.
ICXBTC forming bullish Shark | Upto 655% big move aheadHey friends, hope you are well and welcome to the new update on ICON (ICX) coin with Bitcoin pair.
On a long-term monthly chart, the price action of ICX is completing the final leg of bullish harmonic Shark pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to Fibonacci sequence of harmonic Shark pattern should be:
Potential reversal or buying zone: 0.00001981 to 0.00000742 btc
Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000742 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets this trade has the profit possibility of 655% and as per the above-mentioned stop loss, the loss possibility is 62%.
Note: The idea above is for educational purpose only, do not take it as investment advice.
ICON Quick 15m Breakout trade!Hey, I am back with another Forex idea, this time looking at ICX.
As you may know ICX is breaking out, and currently is about to perform another leg up.
So the price has been going down in a very tight selling channel, this is a indication of bears exhaustion, buy in the support area or market buy into the breakout.
Good luck with this trade, I am taking a part in it!
Cheers,
Tibor
Nice opportunity for ICX this month !!After correction from 0.78 fibo to 0.38, ICX is now retracing, if we breakout the triangle from above (red downtrend and 0.78 fibo level), we will see new highs soon ...
That's what we are expecting now for ICXBTC in upcoming days due to amazing upcoming news for this pair by the end of the month ...
Breaking out 0.78 level (4707 sat) will lead us to next levels, and as we are now on the bottom of a new uptrend channel, we can easily see ICXBTC :
Target 1: 5601
Target 2: 6738
Target 3: 7198
Target 4: 8184
ICX Multiple scenariosICX has to make a move very soon
Now, what do we see?
Big picture shows we are at the end of the triangle, so a big move is just a matter of time.
Bearish signs:
* Ascending wedge (66 days)
Low volume
Overhead MA resistance (MA 20-100)
MACD trend is down
Neutral signs:
RSI straight at the 50 level
Bullish signs:
* Bullish pennant (114 days)
Above and supported by MA50 and MA200 support
MACD and momentum possible trendchange
Advice: no trading zone at the moment.
- Set your SL tight at the bottom of the triangle or under the MA50
- Set your alarm at the top of the triangle and get in poistion when it breaks above
ICXBTC formed bullish BAT and ready for bullish movePriceline of ICON (ICX) with Bitcoin pair has formed bullish BAT pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
Lets have a look on the move of price action to see how perfect this pattern is formed:
After initial leg (X to A) the A to B leg is retraced between 0.382 to 0.50 Fibonacci and then B to C leg is projected between 0.382 to 0.886 of A to B Fibonacci projection area and last leg (C to D) is retraced between 0.786 to 0.886 Fibonacci and now the price action is moving in potential reversal zone of this bullish BAT and now we can expect bullish divergence at any time which will lead the priceline between 0.382 to 0.786 Fibonacci projection of A to D leg , but if after this bullish divergence the candles sticks will be closed above the 0.786 Fibonacci projection area of A to D leg then it can also lead to the long term bullish move.
As per Fibonacci sequence method we can set our targets as below:
Buy between: 0.00004404 to 0.00004327
Sell between: 0.00004588 to 0.00004861
So short term trade has potential to give upto 12% profit move.
Regards,
Atif Akbar (moon333)
Another DBL bottom revealing a LONG on ICXUSD
Burkowski performing a hat-trick as double bottoms are popping up left & right on both short and mid/long positions for several different pairings on many different coins & tokens.
In this case; we have $ICXUSD; with BB, KC, VOL, 50 day MACD/SDMA & EMA{25/50} all indicating a clear GO for entry & those with patience will be rewarded with a 26+% almost guarantee* in $ROI.
This is a low risk high reward type trade though I should put some emphasis on the patience required for this signal as those who after nothing but quick profits should steer clear from this entry yet those into bigger positions with less vol/priceaction & more stability > volatility can bank on ICX to pull through with its solid roadmap, excellent team of devs/advisors & a great whitepaper which I highly recommend you read; on all tokens/coins you take positions on..afterall, you wouldn't buy a product/service without knowing what exactly it does and what it plans to do, would you? if so then you're not very wise...
With that being said; the figures for the LONG ICXUSD position are as follows:
TARGET @ 0.2090
STOP @ 0.1505
*DISCLAIMER
Not financial advise-- nothing is guaranteed in this cryptogame; though ICXUSD is IMHO (for what its worth) is well within the buy-zone as it has bottomed and its roadmap indicates some major news/rumor will spring this token into action and bring its parabolic gains to atleast 25%+ though I need to emphasize; this is strictly personal conjecture and not financial advise whatsoever.
ICX Possible new Uptrend formingICX recently broke out of downtrend pattern on the daily.
Touched MA50 and currently above MA20, expecting squeeze between those 2 movinge averages (green & blue)
Now why do i anticipate a possible uptrend?
- Broken above MA20 with increasing volume (possibly with the start of Pre P-rep voting & staking).
- Bounced on MA20 (allso golden pocket on FIB retracement tool) after correction.
- Candles showing higher highs and higher lows.
- RSI broke above RSI resistance at 50 and 50 is validated as support now.
- RSI allso in uptrend.
- MACD showing uptrend.
At time of writing allready 81 million ICX staked and rising: tracker.icon.foundation
If ICX breaks up, targets are:
TP1: 308 sat
TP2: 380 sat
This is not financial advice, DYOR and enjoy the show
ICXBTC has hit the support of channel | Upto 367% expectedPriceline of ICON / Bitcoin cryptocurrency is moving within a down channel and now has hit the support of the channel.
RSI is oversold.
MACD turned strong bullish.
Stochastic has given bull cross.
I have defined sell targets using Fibonacci sequence:
Sell between: 0.0000448 to 0.0000752
Regards,
Atif Akbar (moon333)
ICX first reversal signBreaking slowly out of downtrend is ICX first reversal sign, possible bullish reversal soon if the RSI and MACD resistance can break.
Wide spread target between 400 sat ( previous support) and could even wick to 550 sat ( launch price when added to binance ) and this in the very short term, long term i'm more optimistic and staking in august is allmost there.
ICX is now consolidating for the second time in a all time low and i believe it is almost done.
This is not financial advice, just my opinion.
Good luck