ICXUSDT trade ideas
ICX longwaaSUP everyone, i just put on a long trade on ICX based on the probability below on the 144 minn TIme Frame
1.hit the 0.706 fib retrace,
2 low on the stoich rsi,
3.low on the mac d wanting to curl up
4 histograms curling up into the green
5 money flow curling up into the green
6 hidden bull divvy
7 measured move to a resistance area at 0.59
However Moving averages are low down and needs to bounce which it looks like it is doing.
Anything can happen, probability is key
🔥 ICX Oversold Bounce After Massive Run-UpICX has been one of the major winners of the last week. However, price action has been negative after topping out around $0.48.
With BTC seemingly bouncing, it seems that ICX is primed for a huge upward move, just like we saw a couple of days ago.
- ICX has hit hourly oversold for the first time in weeks. Hourly oversold in a strong uptrend is a great moment to enter.
- ICX has bounced off the 0.618 Fibonacci Retracement line, which is often a strong resistance.
I'm aiming for the orange and red lines as my targets (0.40 and 0.433)
Overbought and Ready for a Potential Price Reversal?ICX is trading at a current price of $0.3800. The analysis is based on a 4-hour timeframe. The Relative Strength Index (RSI) is at 80, indicating that ICX is in overbought territory, which could potentially lead to a price reversal.
The Fibonacci retracement levels for ICX are as follows: 0 Fibonacci at 0.2595, 0.5 Fibonacci at 0.2956, and 1 Fibonacci at 0.3316. These levels can be used as potential support and resistance levels for ICX.
The upper Bollinger band for ICX on the 4-hour timeframe is at 0.3600, while the lower Bollinger band is at 0.2308. The middle Bollinger band is at 0.2954. Bollinger bands are used to identify potential overbought or oversold conditions, and when the price is near the upper or lower bands, it may indicate a potential reversal.
The volume oscillator is currently at +26%, which suggests that there is significant buying activity for ICX. The Moving Average Convergence Divergence (MACD) is at 0.0285, which is positive, indicating that there is positive momentum for ICX. The stochastic oscillator is at 79, which is relatively high, suggesting that ICX may be overbought.
The hourly exponential moving average (EMA) 50 is at 0.2630, which indicates that ICX is currently trading above this level. This could be a positive sign, but it also means that the price is further away from potential support levels.
Local support levels:
0 Fibonacci at 0.2595
0.5 Fibonacci at 0.2956
Lower Bollinger band at 0.2308
Local resistance levels:
1 Fibonacci at 0.3316
Upper Bollinger band at 0.3600
These levels can be used as potential entry or exit points for trades and can also be used to identify potential price targets.
Overall, the technical indicators for ICX suggest that it is currently overbought and may be due for a price reversal. However, the positive momentum and buying activity indicates that there is still potential for the price to continue to rise. Traders may want to watch for potential support levels at the Fibonacci retracement levels, as well as the lower Bollinger band, to identify potential buying opportunities.
ICON ICX price rising and knows no grief) Who is pushing it up?The fact that the trading volumes of the ICONUSDT pair have grown significantly since the beginning of the year clearly indicates the increased interest of "big money" in the project.
What's going on there? Share your thoughts in the comments.
In our opinion, the main price intrigue on the ICONUSDT chart will take place in the region of $0.42-0.43
In this price zone, it will be clearly visible whether buyers will be able to break through and continue the growth of the ICON price above $0.60 in a short time.
Or is it possible that a correction to $0.28 is needed to continue the "healthy price growth" and only then will the price rise to $0.60 and higher
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ICXUSDT(ICON) Daily tf Range Updated till 04-04-23ICXUSDT(ICON) Daily timeframe range. it had a clean break through #0.3061 now a free space till #0.4165 and already close to that. the daily candle is as healthy as it gets. a little bit of more can help it to cross #0.4165 which can lead it too upper levels.
ICX - Facing Resistance ICX is struggling to stay above the $0.30 level. It is also overbought on the daily which could be signaling some weakness in the trend. If we get a full retracement from these levels the 0.618 around ($0.21) could be very key for the trend. A candle break above $0.30 could negate this bearish thesis.
ICXUSDT is testing the 4h resistanceICXUSDT has recently experienced a breakout from the daily resistance level, which was then successfully retested as new support on the 0.5 Fibonacci level.
Currently, the price of ICXUSDT is testing the 4-hour resistance level. In order for the cryptocurrency to continue its upward trend, it will need to create a breakout from this resistance level and then retest it as new support. This is in line with Plancton's rules for long positions, which suggest that buying opportunities should be sought after a breakout from resistance, followed by a retest of the level as new support
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
ICX / USDT Price Prediction I Think This is The Best Megaphone Pattern Seen in Very Few Live Charts So Perfect.
And Also Showing Double Bottom ( W ).
If ICX Price Break Nearest Resistance With High Volume Then Wait For Retest For Confirmed Entry.
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ICXUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for ICXUSDT
R1 is the resistance area in this chart with their representation of the disability of the price to rise at several points. And S1 used to be a resistance line in the past. At the moment, the price could break S1 upward and has a fluctuation over the mentioned line. By having its fall continued to reach S1, we will have two scenarios available. In case we have some confirmation candles to rise, an increase would be there for the price to reach R1 or by having more fixation over there, more rise is expected then. Also by giving us some falling signs or through moving below S1, more decline would be waiting for the price toward lower amounts. For enjoying less risky trades, we recommend you to obtain every piece of information and details through our analyses and updates.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Icon vs USDOn this 1-day chart we have a 3-day life cross (150-day moving average crosses the 600-day moving average). We're about to test support, if you're lucky 27 cents, ideally 30 cents - afterwards you'll not catch it - a bit like January 22nd.
Weekly chart, all good - we need to confirm support on the the 21-week moving average (yellow line).
ICXUSDT looks good now (60 % pump)ICXUSDT looks good short-term.
We may see 60 % pump if support holds.
The price already retested 0,27$ level and we got a pullback to retest the support again. If it holds , we should see trend continuation .
Take profit level: 0,2953$
Final target for this trade: 0,38 $
MACD printed more bars of positive momentum and we can see a bullish cross.
Moreover, in our opinion this coin is very undervalued. ICX is a layer 1 project which could be competing with coins such as EOS, SOLANA, APTOS, TEZOS and many more Layer 1 coins that are way higher in the ranking.
ICX may be a good hold for a mid-term or long-term too but in this trading idea , our short-term prediciton is target around 0,38$.
Possible scenarios are shown on the chart.
Good luck
ICXUSDT is needs the clear breakoutICXUSDT has recently formed a double bottom pattern on the 0.1381 area and a rounded bottom, indicating a potential bullish reversal.
The pair had a clear breakout and retest of this level, and the price has been consolidating since.
For the bullish trend to continue, it is important for the pair to create a new clear breakout above the resistance level.
We are closely monitoring the price action to confirm a continuation of the uptrend, so According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐