ICXUSDT trade ideas
History lesson - ICX to 4.263 fibIs ICX repeating previous pump?
Historical indications are no guarantee, but when comparing the setup at the moment it looks nice.
This kind of chart pattern is what could be in store for ICX in the short term. This is just an idea, do not see this as advice.
If you do want in here, be sure to set an SL right under the bottom line of the rising wedge.
Grtz
IcxNothin but ripping since I posted about it around 2.00$. We have .786 fib at 2.61. 2.55 is the previous wick high. If we can break 2.61$ And hold we should ripppp to 3.15 first target area it’s soo close to a monster move. Has been backtestinf previous reistance as new support. It’s been performing so great
ICXUSDTICX after breaking the $1.34 resistance, icx been grinding up towards April high.
While printing higher high and lower within is a rising wedge pattern, the Resistance line is yet to be validated. Every dips bouncing of 0.702-0.786 fib.
A rising wedge is formed when the price consolidates between upward sloping support and resistance lines.
Here, the slope of the support line is steeper than that of the resistance.
This indicates that higher lows are being formed faster than higher highs. This leads to a wedge-like formation, which is exactly where the chart pattern gets its name from!
With prices consolidating, we know that a big splash is coming, so we can expect a breakout to either the top or bottom.
If the rising wedge forms after an uptrend, it’s usually a bearish reversal pattern. However giving where the market is at, I’ve seen plenty of rising wedges break out upwards
ICX/USDT currently trading at $2.39
The ideal buy zone would be under 2.15$
Invalidation point = below $1.88 daily base
Potential targets 2.68 – 3.04 and moon long term
ICX/BTC
The real party start for icx is once icx flipped 0.000050k sat as support expect icx tp push towards $5+
ICX might pump I had this triangle for some days but I was waiting to see if price kept going up. At the moment I think that in 3-4 days we might see some action from ICX assuming off course that BTC doesn't dump. For a move upward we need this daily candle to close over current VLPR's control line, once we breakout I expect ICX to go 2x (although this won't happen in few days). if instead we go down the triangle's bottom line is the major support, the dashed line is the second one.
I expect ICX to reach at least 2017 price before the cycle end.
Good luck
ICXUSDT Technical Analysis
⏳ Spot
💎 ICXUSDT had formed a Bullish Flag, after the breakout it has formed a symmetrical triangle, It is expected that after the breakout above the triangle it will continue the Bullish move.
🌐 Tradingview
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or From 2.114 to 2.177
☕️ TP1 2.240
🍺 TP2 2.323
🍻 TP3 2.400
🍾 TP4
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL 2.046 to 2.114
Good Luck 🎲
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