Icxusdt
Real ICONic mirrorIn ICON’s weekly price action the downward pattern from Jan 2018 to Jan 2020 is repeated as a mirror image when climbing back up. If that pattern still continues to play out next would be a fairly swift increase to around 4.5. It will be interesting to watch how things unfold. ICON is showing clear bullish signs, so let’s see.
Trade safe and take care
Cheers
Whoop
ICXUSDT forming a strong bullish wave on near term.BINANCE:ICXUSDT has formed an ascending triangle and could break above the trendline. all indicators show that we are in a bullish wave and targeting these levels:
level 1: 3.30$
level 2: 4.61$
level 3: 5.89$
stop-loss level is closing 1 daily candle below 2.21$
Good luck...
ICX USDT IdeaIcx forming this symmetrical triangle for a long time also 20ema at the daily timeframe held strong as support
ICX Next stop $4!!!ICX is breaking out of the bullish pennant. Will this do a break and retest? Or will this have enough buying liquidity to push past recent highs?
$ICX cup & handle with clear targetIcon continues to perform well and once the resistance is broken, the next target will be around 3.15. I have added to my position earlier this week.
ICX - ICON Alt Coin BUY Trade SetupICX - ICON Alt Coin BUY Trade Setup
ICON price today is $1.90 with a 24-hour trading volume of $119,445,970. ICX price is up 1.3% in the last 24 hours. It has a circulating supply of 590 Million ICX coins and a max supply of 800 Million. Binance is the current most active market trading it.
ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other. ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point.
Parallel channel for ICXUSDT Daily Chart
Hi guys
If breaks up and the bitcoin is not severely dumped, we move to the specified targets.
Targets are obtained through Fibonacci previous impulse wave and previous correction
ICX - Ready to break upside or down ?ICX is at the verge and is ready to break, Keep an eye based on that a long or short can be opened.
ICX Potential Long!Hi,
I believe that ICX is on the verge of a breakout in the coming days! I am waiting for the daily MACD to cross and the triangular breakout to the upside to be confirmed. So far its looking quite bullish consolidating in its triangle in the 4hrly, 1hrly and daily timeframes. This might be due to the potential reversal from BTC.
ICX Next stop $4!!!ICX is consolidating nicely. We have a nice flag pole with a bullish pennant forming. Next PRICE to hit will be $4 for icon.
Fundamentally everything about this project is set to explode. The staking rewards are amazing roughly 13%. You can stake on binance, iconfi, bithumb, and coinbase is definitely next!
Icon 2.0 is due for release soon. The amount of patnerships this company has is amazing. You have a couple defi projects releasing in the next two quaters, Balanced, OMM. There is also The Stakin Lossless Lottery which is focussed on betting the interests from staking instead of the principal. It is a global and borderless initiative making staking ICX a fun and potentially very rewarding experience.You can not look past this project fundamentally.
Icon ICXUSDT - Head and Shoulders + Symmetrical triangle- Icon (ICX) Rank 77 on coinmarketcap is increasing every week.
- South Korea government use ICON coin as enterprise adoption and solutions.
- Market Cap $1,166,202,128 ### 24h volume $101,688,807 ### Max Supply: Infinite.
- The price is above the HaS neckline and currently forming symmetrical triangle - bullish continuation pattern.
- Expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - For more information, please check my signature below ↓
- 3th Elliott impulse wave is now in progress, we do not really know, how strong the 3rd wave is going to be.
- Profit target is below ATH level, but of course, after a retracement - I am expecting new all time highs!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Icon getting ready for a big move.ICX has been one of my favourites for some time because of the high staking rewards, but add to that the interesting price action and we have a great investment. I am of the opinion that we could see a rise towards $6-$7+ once we have a daily close above the resistance.
Which way will ICX go ???Okay so if we break up i see this going to 3.7$ there is a level here of resistance so expect a reaction then obviously we have the 5$ resistance also.
If we fall down from triangle i see this returning to curve over the next few weeks to months, then a huge reaction pump from potential lower prices.
BOTH look bullish for ICX in my opinion tho. Lets see what happens :)
ICXUSDT (ICON) - POTENTIAL BREAKOUT ANALYSIS 🔎
- ICXUSDT is consolidating in a symmetrical triangle (ST) pattern .
- A relatively big move is imminent.
- There's a breakout potential.
BUY ENTRY ⬆️
- Conservative entry : breakout above the symmetrical triangle's inclined resistancenamd horizontal resistance level (R1).
- Aggressive entry : market price.
TARGETS 🎯
- Horizontal resistance level (R2).
- Horizontal resistance level (R3).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the symmetrical triangle's inclined support.
ICXUSDT 25th JanAs you can see, the pair currency moves in ascending channel. consolidating above 0.762 , breaking 0.992 level. ICUSDT will move toward 1.71 after that 2.402$
Icon getting closer to the final consolidation phaseIcon shows a pattern of higher lows and a clear resistance that has been tested more than twice. This is one of the bullish setups that gives me confidence.
