Icxusdt
Icon (ICX) - June 1Hello?
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We need to make sure we can get support above the 0.33295439 point.
Also, if it goes down, you should get support at the 0.30835875 point and the uptrend line (4).
You need to make sure you can quickly rise above section A (50EMA on the 1W chart).
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
ICXUSD Elliot wave countSo going over the ICXUSD chart here. We have on the lower time frames from the lows a very corrective pattern playing out indicating to me that we will see new lows. I have marked out a bullish count in a white WXY where Y have has already played out. My bearish count has us in a corrective B wave, which will result in an impulsive move to new lows and the bottom hopefully.
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
Icon (ICX) - May 27Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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MA that should be supported by rising: 1W 50EMA (about 0.35195927)
If it goes down, you need to make sure you can get support at 0.33295439.
If you get support at the 0.33295439 point, you are likely to rise above the 0.37715000 point.
However, I think that BTC's movement is unstable, so we need to trade carefully.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Icon (ICX) - May 17Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me ("Like" gives me the power to post charts).
By "following" you can always get new information quickly.
Thank you for always supporting.
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We need to make sure we can get support on the uptrend line (4).
You should also make sure you can continue to receive support above 50 EMA.
I think we must get support at 0.25433100 for further gains.
If you go up, you need to make sure you can touch 50 EMA (0.35417621) on the 1W chart.
If you can get support by rising above the critical point of 0.37715000, I think there is a possibility of creating a new wave.
However, I think that trading should be done according to the flow of market conditions.
Therefore, we believe that careful trading is necessary.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Icon (ICX) - May 13Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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We need to make sure we can get support at 0.25433100.
You should also make sure you can get support at 50 EMA.
If you gain support by rising to the 0.29001657 ~ 0.30835875 range, there is a possibility of further gains.
However, I think it is more likely to touch the 0.29001657 ~ 0.30835875 area and fall, so careful trading is necessary.
If you get support and rise in the 0.29001657 ~ 0.30835875 range, there is a chance of touching the 0.37715000 point.
It is important to get support at 0.25433100.
If you fall without support, I think it's a good idea to stop trading for a while and check the situation until you reach the 0.25433100 point and get support.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Icon (ICX) - May 9Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
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Bitcoin Halving has about 4 days left.
It is expected that this week will be flown to decorate the finale of Bitcoin Halving.
There is not much left this week.
You have to watch what will happen over the weekend.
It is located near the point where the sharp drop occurred on March 12.
You need to make sure you can get support at the 0.29001657 branch.
Also, it is necessary to check if it can rise above the most important point, 0.37715000, in the vicinity of Low.
Below 0.37715000 branch is a mid- to long-term investment area.
Accordingly, we believe that careful trading is necessary.
I think it must be supported by rising above 0.37715000 points for a new leap forward.
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Rather than deciding to which point it will rise, I hope now that I can decide where to keep the profits and losses, and close the upward trend with good results.
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See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a response is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
ICXUSDT: Bought spot, targeting $0.45Bought some spot (!) ICX here, because on weekly it looks kinda bullish for me, as in his previous growth in January.
So, I'd like to get a share, because historically if it moons to $0.45 after it breaks $0.3.
Alternatively, with less risk, you can wait and buy after the retest of $0.3 level.
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Icon (ICX) - April 15Hello?
Dear Traders, Nice to meet you.
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It should rise above the downward trend line (2).
In addition, support should be provided above the 0.25433100 point.
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It's time to focus on selling rather than buying to preserve profits.
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Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
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"Like" is a great power for me.
We will try to reciprocate with better information.
Thank you for always supporting.
Watch ICONTime to watch ICON.
I will gamble and wait for a another lower low, and potential double bottom.
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