ICXUSDTThis coin is located in a descending channel and it tried to break the upper side of channel but the try wasn’t successful and price has been rejected, if price can break the powerful resistance 0.2903, I will expect it continue it’s ascending trend to target 0.4579.
Entry point is 0.2903 after resistance break, set your SL on 0.2800
ICXUSDT trade ideas
ICX/USD - Decision is a risk rooted in the courage of being freeHi, today we are going to talk about Iconoclast.
The ICX has been showed interesting patterns, such an engulfing six days ago, followed by a breakout of Downtrend Lines. However, the ICX it's facing an old and strengthened Downtrend Line, that resistance gives the need for restraint and cautions for trades because its a definition zone to the continuation of the Bullish movement or the beginning for a corrective movement from the Bears.
Thank you for reading and leave your comments if you like.
ICX/USDT (4H ) Zones of interest and targets are on the chart. Good luck everyone!
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ICXUSDT has formed bullish BAT | Upto 93% profit possibilityPriceline of ICON / Tether US has formed bullish BAT pattern and entered in potential reversal zone.
RSI is oversold.
Volume profile is showing weak interest of traders here.
We also have a strong support of 0.1807 sats just beneath the potential reversal zone and price action has already hit at this support 1st time after Feb 2019.
I have used Fibonacci sequence to set the targets:
Buy between: 0.2412 to 0.2129
Sell between: 0.3095 to 0.4117
Regards,
Atif Akbar (moon333)