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ICON / TetherUS

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ICXUSDT trade ideas

ICXICX has been in a nice little ascending channel since January 22nd, and I think it's once again time for it to test the bottom of the channel. It's a bold strategy, lets see how it plays out for me. I am waiting for ICX to test, retest and finally reject the range of 0.7949 to 0.8007. If that happens, ICX should Zigzag towards my two targets. Target #1 = 0.7735 Target #2 = 0.7521 This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas, Please like/comment, it means a lot, Thank You! ❤️ OKEX:ICXUSDT BINANCE:ICXUSDT FTX:ICXPERP
Short
by WhoIsWu
1
ICXUSDT Technical AnalysisICON lost over 75% value last November 2021 till now. So, what will happen now? The candles are triangle and candles on down-trendline. There are 2 way at the moment. First of all candle will stay on down trendline and keep going to lose value little bit more or recent candle will close $0.75 and next candle will open-close completely above the down trend-line. Then we will have an opportunity for buy. Also one of the candle open-close completely above the support line as well. MA strategies hasn't gave us signal on daily chart, but when we look at the 3 hours chart, it just changed directions and gave us buy signal. We have got an EARLY BIRD signal from our robo advisor @EngineeringRobo couple days ago and if the candles are stay above the middle of the line of Bollinger Bands, it may keep gain more. Our next target might be our resistance line ($0.907). Let's follow our chart closely and don't forget the follow me as well. "NFA"
by ABSTOCKER
ICXFollowing my biased logic of What goes up, must retrace! ICX doesn't particularly stand out, I screened it purely on +% change and low volume today. And I don't usually look up if there are any big news for the coin, but today....... I also didn't check the news. My thesis is quite simple: #1 ICX is in the Golden Pocket of Fibonacci Extension taken from January 24th #2 +8% gain in 4 hours without much volume #3 Barely broke out of the 1H Resistance (now Support) Clearly ICX is highly speculative at the moment, but I believe it'll retrace to the 0.5 Fibonacci Extension level, which will still be within the 1H Support channel. I'll follow this with a careful trailing-stop all the way down. Expect some turbulence or side action in the Support channels. Target #1 = 0.5 Fibonacci Extension level Target #2 = 0.382 Fibonacci Extension level When in trade I keep to a strict Risk Management plan and keep an eye on BTC This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades!
Short
by WhoIsWu
ICX - DCA LONG TERM CYCLE from 0,66+ until 3 usd +Hello trading friends, This is not a day trade update, this update is for the long term and DCA UPDATE for ICX. Expecting in the long term that ICX has much to show into trends, and as we are now into breakdown trends of more coins, is this a great time for ICX. When all people talking about it, know it's into the hype, and when people leave the coins is the moment to watch the trends. Long term goal ICX still on 3 USD + - Into the chart, you see more blue line trends, which means every time price goes higher, depending on DCA a buy, and same time when a trend return to a line a new buy trend, so its a small investment trend with long term vision and split of amounts, as the DCA should be on any coin. Yes most of the coins are into breakdown trends - and this is the moment to get watch the red trends, also if prices go down for DCA it should be not a problem, as you never invest 100%. the goal is to get at long term a really good trend price action what will result in good % + Have a great day. @ this is not a trading call to buy ICX or any coin, study always your trend and make your trading setups.
Long
by watchtrend
ICON (ICX) - THE TOP DIP BUY TRENDHello trading friends, There are more coins that did breakdown depending on the last BTC trend - and depending on the green cycle BTC is still not into the long-term breakdown trend as we have not confirmed the important zones. ICX is a coin that is interesting in the long term, and I expect there will be a time that we can see the good trend on it ' Depending on long-term cycle green - even 3 USD + is a possible trend. and the price are now 0,70 Why this chart? This is not a trading call, manage your riks and trade depending on your setups - it is a trend chart to show you the best reader, that this coin could show interesting trends coming time, and depending on TA its on top dip buy coins, even if it breakdown more it's still interesting long term. Have a great day.
Long
by watchtrend
Big symmetrical triangle on the dailyHello Tradingview friends, Today I'm going to cover ICON ICX/USDT pair which looks like it's forming a symmetrical triangle. ICON Project: The ICON Cryptocurrency (ICX) is a cryptocurrency network that was launched in 2017 by a company based in South Korea. ICX is the associated cryptocurrency token or coin. ICON is actually a complete blockchain network, with the primary purpose of facilitating the connection and interaction of various blockchain software programs through the ICON network. ICON aims to serve as a sort of a blockchain hub or a point of connection. The company is addressing an important need in the growing field of blockchain technology. One of the challenges for the widespread adoption of blockchain technology is that each separate blockchain community uses its own network. Therefore, the ability to connect the various separate networks is a major step forward in blockchain technology, which is increasingly being used as a more secure mechanism for the transfer and/or storage of all types of data. Technical analyses: It looks like ICX is forming a big symmetrical triangle which most of the time is a continuation pattern. So how can we decide if it's true and what clues can we find to confirm this thought? A symmetrical triangle is formed by an initial wave 1 or A up (could be down in a bearish trend and up in a bullish trend), followed up by a wave A down, ABC up and another wave C down to complete a big ABC correction. Right now we would be at the end of wave C. This sequence forms the triangle as you can see on the chart. The clue that got me triggered is the "hidden bullish divergence" (green line) and the traditional "bullish Divergence" (pink line) Hidden bullish divergence is when the price makes a higher low but the indicator (RSI in my case) makes a lower low and in this case showed that ICX was oversold at 0.9 ICX/USDT. Bullish divergence : is when the price makes a lower low but the indicator is showing a higher low. So in both cases, they go the opposite direction. This divergence makes a good case and could confirm my thought about this triangle. IF ICX breaks the upper resistance the target would be ICX/USDT 4,76 which is a 357% upward potential. I hope this is useful for you and it helps you to confirm your own thoughts. I'm just another guy trying to make some money. #DYOR Good luck!
Long
by smies1992
1
ICON (ICX) - LONG TERM VISIONHello trading friends, ICX had normally to have better times in 2021 , and depending on more reasons as the breakdown trends, ICX did not hit the target of 3 USD. and was not far from that target. There are more reasons why sometimes it's better for coin to make a return below trend and today ICX is in a place that could be interesting for the long term spot- of course with the expecting that market should be green (BTC) or at last stable. crash markets can make in main way also changes to other coins. ICX has possibilities to increase into long-term to high targets and as best target 3 usd+ in the chart, you will find more targets than the 1.5 USD target. Have a great day @ soon more updates about this coin
Long
by watchtrend
1
ICON (ICX) broke down the support of big triangleHi dear friends, hope you are well and welcome to the new update on ICON (ICX) coin. Broke down the triangle: On a weekly time frame we had very strong support of a symmetrical triangle, but unfortunately, ICX has broken down this long-term support. There was also a 100 SMA support which is also broken down. Now 200 SMA support is still below the priceline which can be the last hope for the price reversal. The stochastic is also oversold on the same weekly time frame which can be also a big support for the price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
by moon333