Icxusdt
ICXUSDT Waiting for the breakoutICXUSDT (1H CHART) Technical Analysis Update
Waiting for the resistance breakout
ICX/USDT currently trading at $1.83
Buy-level: Above $1.90 (only buy if 1h candle closes above 1.90$)
Stop loss: Below $1.60
Target 1: $2.00
Target 2: $2.27
Target 3: $2.42
Target 4: $2.80
Max Leverage: 2X
ALWAYS KEEP STOP LOSS...
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ICXUSDT Hello to you all. Mars Signals team wishes you high profits at all times.
The price starts moving downwards from the ascending triangle. If you buy at the bottom, go out in the first resistance area. If you break, you will see higher targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
ICX ICON is in a new uptrend channelnot a financial advice:
if icx can hold within this channel the movement is towards 3.2 again.
ICX back to $3 area.ICX is currently breaking above resistance area. I bought at market few moments earlier, may be a good idea to get in!
RSI gave a buy signal.
EMA's gave a buy signal.
TP at $3 area, about 10% profit.
Good luck!
Also don't forget to leave a comment as Tradingview algorithms likes comments 😂
ICX - I C eXuberance buy here, I C eXcellence buy in the zone.ICX is a really beautiful chart.
Nothing's guarenteed, but I don't see the 61 fib holding.
I have set up all my orders in the buy zone.
It's better to get good entries in no trade than bad entries in fomo a trade.
If the 61 does hold, then a buy on the re-test could be on the cards.
ICXUSDT (ICON) - BULLISH SETUP ANALYSIS 🔎
- ICXUSDT brokeout above the pennant pattern's inclined resistance as expected from my previous analysis.
- The market hit a swing high and retraced.
- Price is retesting the pennant pattern's inclined resistance, horizontal support level (S1) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- There's a potential formation of the bullish inverse head and shoulders (IH&S) pattern.
BUY ENTRY ⬆️
- Aggressive entry : current market price (CMP).
- Conservative entry : If the inverse head and shoulders pattern is formed, a breakout above the inverse head and shoulders neckline resistance (NR) could be a bullish signal (entry).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the head's horizontal support level (S1).
- Final invalidation : breakdown below the 0.786 fibonacci retracement level.
ICX looks good, another leg up comingICX successfully breakout the downtrend and now respecting the newly formed uptrend line. ICX bounced from the support zone of $2.2 - $2.25 and now looking bullish for another leg up.
Buy Zone: $2.4 - $2.5
Target: $2.78 - $2.95 - $3.25 - $3.55 - $3.9
Stop Loss: Below $2.2
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