ICXPERP trade ideas
ICX/USDT - Potential Short ScenarioHello Traders!
ICX is currently under the MA100 on the weekly timeframe and is testing the support level of $0.26.
Based on the analysis of senior timeframes, we can assume the continuation of the downtrend. In case of one more downward wave, the market has an excellent opportunity for medium-term purchases on the asset in the price range of $0.1145 - $0.1775.
The targets for such purchases will be $0.4125 and $0.5900.
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
$ICX - Path to ATH - Adoption Is Key.In a world of competing chains, the only way we see rapid growth with ICX and break this current trajectory (given the overall crypto macro landscape remains net bullish, and alt coins are in fashion), this would be the rough path to the previous ATH and new ATH with a rough fractal.
Sometimes you've just got to zoom out a bit and sit on your hands.
HUGE Cup & Handle on Weekly TFQuite bullish market structure. Has taken ~190+ weeks to form this, ICX is ready for a run, likely up to ~3.97 area before profit taking occurs... (1.618 fib level).. Lets hope we get a rally :)
ICXICX/USDT
For shorting position (no counting trade) pero kung maglolong potential double bottom and regular bullish divergence but inaalala ko si BTC lack of volume pa so for shortings lang ako dito. Forming shark pattern on H2 timeframe with unmitigated OB. TP targets sa IPO and kung swing trade sa PPZ mag TP. Hindi ako maglolong dahil ni BTC.
$ICX / USD Potential reversal to ATH $13 ICON TREND LINE
.....................
Potential reversal to ATH $13
ICX Aversion bottomingI expect SPX/DJI to replicate Justin Mamis' sentiment cycle pre-dotcom boom. Currently in Aversion phase looking to place the perm bottom before a paradigm shift in price action. Expecting all else to follow suit, placed a booster short - looking to catch the knife - invalidation under 0.69$
icon losing air at this altitude.Expecting a retrace to the midline of the channel and possibly further unless it can gain some momentum... or have some erratic price action like March 9th
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 BUY LIMITTrade using screener combined with orderblocks method, money management is on your risk.
ICX - Long Term scenarioAfter comparing several ALT's that had not yet reached a new ATH, I concluded that the correction for those crypto's was not over yet.
I then started my TA using Elliott Wave's and fibs to come to the conclusion that the C wave of the correction is now in play and may bring this crypto down to its 236 fib.
The C wave count does not have to be an ABC, it is too early to see which type of wave this can be. In this scenario I am assuming it is an ABC, but it could become more complex.
After this I expect a nice bullish start which may again be very volatile and fast. This should bring us beyond the current ATH.
Timeline is never clear and could be dependent on what BTC does or on black swan events and news.
This is my analysis and personal view, please do your own research. I would love to hear your thoughts on this possible scenario.
Will it follow through ?basic bullish count on display, possible start to wave 3 of the 3rd wave 2nd degree
2nd bullish less likely count, possible start to 3rd wave in the 3rd degree
3rd weekly volume spike is an aberration fails to start impulse trend and continues to sub 30 cents
A little more patience for ICON to begin new cycle. Goodmorning Folks,
Today we have ICON or ICX on the menu.. This was one of my 1st bought crypto back in the days.. made a nice profit on it..
In my opinion you see nice primair trends on this chart --> the bigger picture..
The amplitude in the trend gets smaller (the waves) so what are the odds when we begin a next wave that it will get higher than previous ?
I learned 1 big lesson out of many from mister AL BROOKS but never forget this one.
What do markets move? That is context and momentum..
Context is simply looking to all the bars on your left to see the probability of what might happen on your right (bars in the near future)
and momentum..
Markets tend to have inertia and that means it will do for 80% of the time what it has been doing.
My strategy is having a little patience for the price 0,62-0,63 and i will buy in (aggressive trader).
If you are more conservative than you might have to wait for confirmation around that price..
feel free to comment below and hit the like for more to follow.
ICX/USD Risk and RewardCalculating Risk and Reward.
if this super cycle it will hit $40 then sos \
or back to 40c
ICX looking too good here ICX strong project well funded by many institutions soon might be in Coinbase the only major exchange remaining.
Entry: 1.18
Targets:
T1: 7$
T2: 11$
T3: 14$
Good luck
ICON Update: Is it going to bounce?ICX (ICON) is moving in a well-shaped parallel channel on the weekly chart. It has been reacted well to an important level at $1.2 which is also a long-time dynamic support and the bottom line of the main channel. IF it bounces from this level and stabilizes above the EMA200 (Ideally at $1.4) we can expect the price to test the resistance at $2.5. The target price for another leg up for ICX will be around $4.36.
If it loses the support $0.65 will be the first level to hold the price.
