ICON (ICX) formed huge Gartley for upto 2400% massive pumpHi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin.
On a monthly time frame, ICX has formed a bullish Gartley pattern:
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.
Icxusd
ICXUSDT - SETUPICXUSDT price has already broken the falling trendline but in the meantime established a strong resistance zone around 0.41 $. Price flirted with that resistance but failed to break. So once bulls successfully break that zone we could see an upward surge for some potential upside areas.
ICON (ICX) - June 6hello?
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(ICXUSDT 1W Chart)
Anything below 0.425 is likely to be a mid- to long-term investment area.
So, whether it can move higher than 0.425 is the key.
To create a new wave, it must rise above 0.720.
(1D chart)
(buy)
- After confirming the support at 0.425
(Stop Loss)
- When resistance falls below the 0.354-0.366 section
(Sell)
- When resistance near 0.510
- When resistance is received in the range 0.664-0.805
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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ICX Aversion bottomingI expect SPX/DJI to replicate Justin Mamis' sentiment cycle pre-dotcom boom. Currently in Aversion phase looking to place the perm bottom before a paradigm shift in price action. Expecting all else to follow suit, placed a booster short - looking to catch the knife - invalidation under 0.69$
💡Don't miss the great buy opportunity in ICXUSD @helloiconworldTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.731).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.834
TP2= @ 0.912
TP3= @ 0.977
TP4= @ 1.067
TP5= @ 1.185
SL= Break below S2
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💡Don't miss the great buy opportunity in ICXUSD @helloiconworldTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.731).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.834
TP2= @ 0.912
TP3= @ 0.977
TP4= @ 1.067
TP5= @ 1.185
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Icon in a cup and handle pattern.. Folks,
Icon has had some pumps lately and we are trying to conquer with prior high but we see kind of rejection..
In my opinion we are about to have chances of forming a cup and handle.
Many will know it more often than not a BULLISH pattern.. With breakouts to the upside..
The support and resistance lines I draw are approximate areas. It can be a little higher or lower..
But they are drawn from the perspective of prior and lows..
Personally will wait patiently for price to get back around $0.87/$0.89.- area to be interested in a possible buy for a possible extension to say $1.30.- for a beautiful gain.
In the long run I am bullish..
ICX - into a new trend 1 usd Target Hello trading friends,
ICX shows an interesting trend - what could play fine into a long-term trend.
We have seen the first confirmation for the goal target to 1 USD +
This could be the start of the whale trend to build a price action to 1 USD + for ICX - same time always manage your risk in a way that crypto at all gets unexpected trends.
It's interesting to follow ICX - and I think there high chance that we can see soon 1 USD +
Know that there is no garananty into cryptomarkets - all depending on trend study and data.
Have a great day.
@ ICX is for spot and long term
ICX - ICON trend chart - LONGHello trading friends,
This is a small view for ICON. (ICX)
Depending on long term ICX looks still interesting - even with the breakdown trend.
The target goal is 1 USD - if BTC keeps going the green trend in the long term - ICX will follow also this trend - ICX could show some power trend lines increase in the coming time.
This project means for spot and long term - know that markets can change with the low time frame - and on this reason always manage your risk.
Have a great day.
@ also there is not always a reason to enter markets before studying the trend including it should depend on your setups.
ICON/USDTICX is currently holding above a significant level on the weekly, could this be the right entry for the start of its run? ICX is my number one most undervalued coin right now and have been a long term holder including a huge trade profit back in early 2018 selling at $11.00, its currently $0.62. Depending on BTC over the weekend and whether bulls or bears prevail on the two BTC angles I just posted I will be loading up, I expect either a wick dump if BTC does but possibly a weekly close above this line for ICX and on the other hand if the bullish scenario plays out we may enter ICX sooner.
ICON (ICX) - LONG TERM VISIONHello trading friends,
ICX had normally to have better times in 2021 , and depending on more reasons as the breakdown trends, ICX did not hit the target of 3 USD. and was not far from that target.
There are more reasons why sometimes it's better for coin to make a return below trend and today ICX is in a place that could be interesting for the long term spot- of course with the expecting that market should be green (BTC) or at last stable. crash markets can make in main way also changes to other coins.
ICX has possibilities to increase into long-term to high targets and as best target 3 usd+
in the chart, you will find more targets than the 1.5 USD target.
Have a great day
@ soon more updates about this coin