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ICON / TetherUS

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ICXUSDT trade ideas

Is ICXUSDT on the Brink of a Major Breakout? Positive VibesYello, Paradisers! Have you been watching #ICXUSDT closely? You might want to because it is reaching a crucial moment: 💎#ICON is currently compressed between the falling wedge's trend lines, and we're expecting a bullish breakout soon. Why? Because of increasing volume and improving macro market sentiment. 💎The 50EMA is about to cross, and the POC of the VRVP is also reinforcing this bullish bias by acting as support in the major support zone. 💎But what if #ICX gets rejected by the upper trend line of the falling wedge? We might see a retest of the bullish order block (OB) at $0.1404. This area has consistently provided strong support for #ICXUSDT, packed with liquidity. 💎However, should SEED_DONKEYDAN_MARKET_CAP:ICX fail to rebound from $0.1404, the next critical level to watch is the lower support at $0.1203. The probability of a rebound from this level is significantly higher. 💎If #ICON continues to fall, the bears will take control, potentially leading to a bearish continuation. Stay disciplined, Paradisers, and watch those key levels for profitable trading! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
4
ICXUSDT buy opportunityA compelling pattern emerges in ICX, revealing a robust double bottom formation as the price nears the neckline of the W pattern. Anticipating a breakthrough, we foresee a direct move towards our immediate target zone, potentially triggering a retest of the upper trendline region. Following this, a sharp retracement is expected to finalize wave leg 4, as depicted on the chart, before a subsequent rally towards the major double bottom target. Vigilance is advised on the specified buyback area, with prudent management of stop-loss orders positioned below key support levels. Your valuable feedback is welcomed as comments on this analysis.
Long
by weslad
4
ICX - Building for Breakout (SMA, Golden Ratio, Falling Wedge)ICX is providing a great opportunity for an entry. - 30 day SMA is nearing the golden ratio cross on the weekly timeframe. - Stoch RSI is in oversold territory under 20. - Overall Weekly Falling Wedge pattern, when broken should provide an explosive exit out of the channel A realistic approach has been taken with targeting the 0.618 on the fib retracement. Historically this level has provided a good target on alt-coins. Overall ICX is showing a great potential for a nice trading during this bull cycle and definitely one to keep an eye on over the coming weeks.
Long
by OrangeGate
ICX/USDT A successful break the pattern, will indicate a bullish💎 ICX has undeniably attracted significant attention in the market with the formation of a double-bottom pattern. 💎 There is potential for ICX to attempt a breakout above the resistance neckline of this pattern. A successful breakout could pave the way for significant upward movement towards our target strong resistance area. 💎 However, if ICX fails to break above the resistance, there is a possibility of rejection, leading the price back to the support area around 0.285 to gather new momentum. 💎 ICX must bounce from the support area to make another attempt at breaking above the resistance of the double bottom pattern. Failure to bounce, or worse, a breakdown below the support, could signal further downward movement for ICX.
by MyCryptoParadise
Dinosaur Coins - LTC, IOST, ENJ and ICX - BIG Move ComingMartyBoots here. I have been trading for 17 years and I am here to share my ideas with you to help the Crypto space. The Bull market is here Dinosaur Coins - LTC, IOST, ENJ and ICX - BIG Move Coming If you understand market structure then you would see that these coins have great potential for a move higher . The all look to be setting up for a move in the near future . The bull market is here so do not sleep on these coins . Please watch the video for more information
Long
by MartyBoots
ICON (ICX) 1700% move to $3.80On the above 5-day chart price action has corrected 95%. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Support confirms on past resistance (November 2019), look left. 3) The falling wedge allows us to forecast the cycle top as measured from the swing high to the swing low, 1700%. Is it possible price action corrects further? Sure. Is it probable? No. This is your call, we rise and we fall. Ww Type: Trade Risk: <=6% Entry: 21-29 cents if possible Return: 1700%
Long
by without_worries
3