ICXUSDT trade ideas
ICX | ICON RepublicThis decentralized interoperability protocol aggregates blockchain data into one layer.
I think ICX price will begin attacking the 15min trend, soon. It first needs to break out of the local trends (not marked). If the trend prove too strong to break out and test the daily there are a couple untested levels that could still ladder this move upwards. ATH incoming. Pack those bags. If those lower levels get tested then nothing will be holding back the fire that will fuel the move to $4.00 when the test of time defeats the long awaited daily trend break... hopefully. ;)
It Can Be Another Wonderful Reversal Of ICON (ICX) coin.Hi dear friends, hope you are well and welcome to another new update on ICON (ICX) coin.
Big triangle and an expected reversal:
On a long-term weekly time frame, the priceline of Icon coin is moving in a symmetrical triangle since Dec 2020 and sofar this support is not broken down.There is also a strong support of 100 simple moving average moving with the support to the upside, therefore, the triangle’s support is so strong and not broken down even after a year. The stochastic is also suggesting that the market of ICX has been oversold therefore a power reversal is possible very soon,
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
ICXUSDT - LONGBased on technical factors there is a long position in ICXUSDT Icon
ICXUSDT Icon
Score 1️⃣
🔵Long Now or set on Key Level 1.215
🟢Target 1 1.280
🟢Target 2 1.395
❌Stop loss 1.180
#K_Level
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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Bullish pattern forming - Awaiting ConfirmationNeeds confirmation on a RSI divergence, with support held inside wedge.
* Add if shorts being forced to close positions at a false breakout downward.
* add on breakout of wedge to the upside
* add final portion to position on confirmation of resumption upward.
The BTCUSD flow will drive the likely outcome here. (with ETH in mind, though BTC seems to still drive the overall market)
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
$ICX- This is Awakening As Well!They say in crypto "Buy the rumor ; sell the news" or vice versa ...i don't know which is which anyway!... So ICON foundation has some huge 2022 plans for their investors starting with a snapshot that is about to happen in about 30 hrs from now for all ICX holders(not on the exchange but custodial wallets ) in preparation for some new token(s) airdrop (ICY and ICE) that will kick off in the first quarter next year.
So i think there will be some buying that will happen in the coming few days in preparation for this...
Check their discord channel for more details
Anyway...looking at the daily TF, I think it is still in this corrective wave pattern that will either break out after brushing those plethora of resistance at 2.3 till 2.7 and continue up or comes back down for final corrective wave ,retesting at about 1.8 before continuation up.
It is still at a very good buy zone ATM
ICX/USDT TRADING PLANNING FOR SPOTICX/USDT
I think ICX will make secondary reaction or new Higher Low before the new primary trend
So we can also call it correction, so do not be hurry
We wait and catch it dont push yourself into trading guys!
Thanks for the support!!
#indonesia #tipsfotradingplanning
Binance: ICX buy / long 1DBinance: ICX buy / long 1D
Entry: 1,6 - 1,7
SL: 1d close below 1,4
TP: 2,5
ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other. This opens up cross-chain use cases that are impossible without an interoperability layer like ICON.
ICON Network describes itself as a general-purpose blockchain protocol based on the native cryptocurrency ICX that can run smart contracts, adopt the BFT-DPoS (Delegated Proof-of-Stake) consensus protocol, and use an economic-governance protocol called DPoC (Delegated Proof-of-Contribution). The ICON Network is powered by a proprietary blockchain engine called 'loopchain' and has the ability to handle hundreds of transactions per second. The ICON project was started to ensure the integrity and transparency of data shared between institutions and companies, and to move mutual assets on heterogeneous blockchains without a centralized organization. In the long term, ICON Network aims to become an 'interchain' that connects multiple blockchains based on BTP technology.
The ICON blockchain is powered by loopchain, a blockchain engine designed by ICONLOOP. ICONLOOP is responsible for loopchain’s government and enterprise adoption in South Korea. Loopchain is the Seoul Metropolitan Government’s standard blockchain platform.
ICX found support and ready to continue its uptrend? I've been watching/ swinging ICX for the last few months as it's continued to form an ascending triangle from the May sell-off.
The most recent Black Friday discount dump put it below its long term trend line but not for long.....????
We've found support in the area around the 200ema and the .382 fib which has flipped between s/r plenty of times this year.
The #BPT #AlphaPrime has just printed a BPT Long following a recent TD9 buy and on the two occasions those two have printed in confluence this year have both resulted in 90%+ gains!!!
Add to this we've just printed a bullish butterfly harmonic on the 16hr, bullish divergence on the 4hr & 1hr and the RSI has plenty of headroom on most longer timeframes.
I'd like some more volume and a break and close above the long term trend line before I go balls deep into this but a little Monday morning YOLO with a tight stop under the 200ema/ .382 fib area is offering enough RR to get involved.
Entry $1.7057 - $1.7872
TP's $1.91/ $2.21/ $2.65