#ICX/USDT#ICX
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.1100
Entry price 0.1413
First target 0.1591
Second target 0.1804
Third target 0.2134
Icxusdtlong
#ICX/USDT#ICX
The price is moving within a falling channel on a 1-day frame, which is a retracement pattern
We have a support area at 0.2000 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have an upward trend on the RSI indicator that supports the rise and gives greater momentum
Entry price is 0.2000
The first target is 0.2600
The second target is 0.2967
The third goal is 0.3360
ICX / ICXUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ICX/USDT Break this area, next stop is Bullish Flag resistance!💎 ICX has recently exhibited significant market dynamics. Presently, ICX is encountering resistance in the supply area, where it has historically faced rejection.
💎 However, if ICX manages to successfully break out above this area, it could trigger a bullish momentum, potentially leading to the continued upward movement toward the resistance trendline of the Bullish Flag pattern.
💎 A breakout from this pattern could pave the way for further gains, possibly reaching our target area.
💎 Conversely, if ICX fails to break above the supply area, there's a possibility of price rejection, leading to a downward movement towards the support area or even the demand area.
💎 The demand area holds crucial significance as it often serves as a pivotal level for price action. A bounce from this area could indicate renewed buying interest and potential for another attempt to break out above the supply.
💎 However, if ICX fails to hold above the demand area, it would signal weakness and potentially lead to a bearish trend reversal, with the price likely heading further downwards.
ICX/USDT Upward Momentum ??? The second pump is coming!💎 ICX has undoubtedly piqued our interest. Recently, ICX managed to break free from the consolidation phase and also surpassed the supply zone. This ascent was marked by a significant upward surge, bypassing the initial need for a retesting phase.
💎 However, ICX faced a stern rejection at the supply zone ranging from $0.210 to $0.216. It's plausible that ICX might retreat for a retesting phase, eyeing the Demand level at $0.188 or the lower timeframe (LTF) demand at $0.185.
💎 Upon reaching this demand zone, it's crucial for ICX to rally, crafting a bullish rejection candle to signal readiness for a resurgence and another attempt at breaching the supply zone.
💎 However, there's a downside risk. If ICX reaches the demand zone but fails to forge a rejection candle, instead crumbling through the demand level, it could spell a bearish phase for ICX. This scenario could potentially drive the price further down toward a robust support level, or even as low as the key support threshold.
Today we review ICX. Will it reach the Fibonacci level of 0.618?Hello everyone! Today let's take a look at the cryptocurrency ICON.
At the beginning of April, the asset had a rapid growth, resulting in a 130% increase in price, breaking the strong Fibonacci level of 0.236 and further 0.382. However, the asset failed to consolidate above the latter and began to correct.
Currently, the asset is approaching the Fibonacci level of 0.238, where the uptrend line is also located.
Therefore, it is possible to look for an entry point to a position in the range of $0.28-0.29.
The targets are the next Fibonacci levels at $0.46-$0.97 (+57%, +230% profit).
This is not a financial recommendation, and everything you do is done at your own risk.
💡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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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 ❤️
💡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 $1.30.- for a beautiful gain.
In the long run I am bullish..
ICXUSDT, Exactly drop to activate our buy zoneHello guys
ICX is one the amazing project in last years but in these days its not working very well
According to the chart and previous analysis, after the price supported in the area that was had 2 support zone one of the trendline and one of them was static the market started upwards movement to the key point level and because of the loss of power to break this important level we shown on chart that the price is ready to dump and exactly this event happend and now the price is in our buy zone area.
We expect the price can rise and move upwards toward the target after have some consolidation in here and take time in this zone.
At first take signal then take in long position for future and if you wanna trade in spot you can buy one step of your money in here.
If you have any question send us messages in private
Good Luck
Abtin
Previous analysis :
ICXUSDT, We need more drop to reach to buy zone areaHello evreybody
According to the chart and previous analysis, We shown on chart that the price is need to drop more because of the movement that couldnt break the key point level and drop price started from there level.
If the price drop more and come to our buy zone area we can buy one step and wait until to reach to the target that we will update it in future
We should be patient just watch
Good Luck
Abtin
Trading Signal For ICXUSDT Trading Signal:
There is a Trading Signal to Buy in ICXUSDT ICON
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy on FLAG breakout or Buy on 2.08
⭕️SL : Close below 2.040
🔵TP1 @ 2.28
🔵TP2 @ 2.44
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ICXUSDT , The price is squeezingHello everybody
According to this analysis , you can see the price is squeezing and its ready to jump to new target over 3$
But we have a resistance area that shown on chart
We think the price should one more time again come to impact to the trend line area then it can be ready to jump
We can wait until the price come to our buy zone area or if it can close the daily candle above of the minor resistance we can buy some of it
Dont forget use stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin