ICXUSDT trade ideas
ICX / USDT weekly indicates massive price action. Icon 2021, it will potential a big year for Icon! Heavy accumulation last 2 years on low volume indicates something will happen soon or late with massive momentum! ALso in the center of the channel around the median you can clearly see it's a imported price action zone! Also ICX was on 12 dollar around BTC price 19K I still think BTC will hit 200.000 / 250.000 this cycle so......
I know it looks unrealistic but we have seen crazy things in crypto! Keep that in Mind!
That's how your perfect entry looks likeWhat I love about trading trend lines is the fact you have the maximum Profit/Risk ratio. I don't know if the price will go up from this point or down but at least I know where to exit my position: either with profit or with loss. I wouldn't be surpised to see the price going down considering the fact Bitcoin is still due to a major correction but it is a risk worth taking. When if not now? ICON isn't the only one you can trade now in this manner - check out also ONT, ZEC, XTZ.
ICON - Next Moon Soon!Hi,
Everything is on the chart. ICON is one of my favorite asset because of its fantastic potential and I would like to share my little point of view about it.
Wave 2 should be over (in orange color). We draw a huge beautiful ascending triangle and we compress more and more.
The shareholders' capital still keep on to strengthen.
We should easily hit the TARGET 1 and 2 during the next months (maybe weeks).
It's a long for me!
Trade safe and not with your emotions...!
Cheers,
PS: it's not a Financial Advice.
ICX/USDTPERP - LONG - Potential 14.37%***NEW TRADE SET UP"**
ICX/USDTPERP - LONG - Potential 14.37%
Optional Leverage: 3x
Entry- 4363
TP1(75%) - 4661
TP2- (25%) - 4990
SL - 4003
- BTC regained strength from initial drop, 25k is target but also danger zone
- RR - 1.74
- Trailing Buy - 0.5%
- Trailing Profit - 1%
- Trailing Stop-Loss - No
ICX Growing Soon!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.
ICXUSDT formed bullish Gartley | Upto 44.2% expectedOn daily chart, the price action of ICON (ICX) has completed the final leg of Gartley pattern and entered in potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to harmonic BAT pattern should be:
Potential reversal or buying zone: $0.3893 to $0.3475
Fibonacci projection or sell zone: $ 0.4222 to $ 0.5014
Stop Loss:
The potential reversal zone area that is up to $0.3475 can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per above targets this trade has a profit possibility of 44.2% and as per the above-mentioned stop loss, the loss possibility is 11%.
Note: Above idea is for educational purpose only.
ICX a big bullish setupHey friends, hope you are well and welcome to the new update on ICX coin.
Long term harmonic moves:
Previously I shared two patterns with you which ICX has completed on monthly charts. One is in USD market and other one is with Bitcoin pair.
ICX with USD pair Cyhper move:
The price Cypher pattern with USD pair has produced more than 74% rally sofar.
ICX with BTC pair Shark move:
The Shark move with Bitcoin pair has been completed and now the priceline has entered in potential reversal zone for next big move.
A new Gartley move:
Now on daily chart, the price action has completed a Gartley pattern and entered in potential reversal zone.
Formation of wedge pattern:
In the meanwhile on daily chart, the price action of ICON coin has formed falling wedge pattern and having strong support of this pattern and simple moving average as well.
Conclusion:
As on the daily chart, the price action has formed Gartley pattern and has good support of wedge as well. If the priceline of ICX coin will breakout the resistance of wedge then it can work as a chain reaction and the bigger patterns on the monthly charts can be executed as per plan as well.