ICXUSDT trade ideas
🆓ICON (ICX) Apr-07 #ICX $ICX
ICX is correcting quite quickly and the target of this correction might be the $0.8 and $0.75 zone. It can then resume the uptrend towards the $1.1 and $1.3 zones this April. But if it loses the $0.75 zone then it will be very dangerous and it could fall deeply in the near term
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 0.75$ zone
🔴Buy : 0.8 - 0.75
🔴Sell : 0.95 - 1.1 - 1.3
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 0.75$ zone
🔵Sell : 0.75
🔵Buy : 0.65 - 0.55
❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
💡Don't miss the great buy opportunity in ICXUSD @helloiconworldTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.731).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.834
TP2= @ 0.912
TP3= @ 0.977
TP4= @ 1.067
TP5= @ 1.185
SL= Break below S2
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💡Don't miss the great buy opportunity in ICXUSD @helloiconworldTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.731).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 0.834
TP2= @ 0.912
TP3= @ 0.977
TP4= @ 1.067
TP5= @ 1.185
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ICX/USDT 288% PROFIT POTENTIAL SETUP!!Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this ICX/USDT trade setup. ICX looks bullish here. ICON is a blockchain protocol for decentralized applications. As an aggregator chain, it achieves interoperability—a web of interconnected networks aggregating all blockchain data into one layer.
ICX is breaking out from the falling wedge and currently retesting it. It is holding the support of 21D ma and after holding this support it can bounce from here.
Previously, when it breaks from the falling wedge it pumps 288% so I'm expecting the same this time.
Entry range:- $0.72-$0.8
Target1:- $1.12
Target2:- $1.42
Target3:- $1.78
Target4:- $2.22
Target5:- $2.54
Target6:- $2.78
SL:- $0.64
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Also, share your views in the comment section.
Thank You!
up to 76% setup for $ICX116 days of downtrend, price close to reversal zone (set in last summer). 70% from all time high.
$ICX got new high and right now going to some bounce, so you can take a position close to MA50 and MA100. Soon we can see new try to brake MA200m where we can take first take. Bounce can be up to 76%, but i expect some like 55%. We can see huge buy clusters in las days. R/R can be up to 4.
Short ICX Potential bearish tradeDue to the recent huge up swing because of the new president of South Korea, this coin gain a lot of up momentum. However if we look at the current market situation, there is a higher chance that the price is going to decline from the top, due to general crypto movement direction.
Today is going to be CPI release, which is forecasted to be negative and next week we will have the interest rates changes, which overall they have a very bearish nature.
So I believe at the moment ICX is one with the best risk reward ratios for a short swing trade.
Key points:
Stop loss levels : Above 1 or above 1.10 if we want to play extra safe
Take profit 1 : Below 0.85
Take profit 2 : Below 0.8
Take profit 3: Below 0.7
ICX - into a new trend 1 usd Target Hello trading friends,
ICX shows an interesting trend - what could play fine into a long-term trend.
We have seen the first confirmation for the goal target to 1 USD +
This could be the start of the whale trend to build a price action to 1 USD + for ICX - same time always manage your risk in a way that crypto at all gets unexpected trends.
It's interesting to follow ICX - and I think there high chance that we can see soon 1 USD +
Know that there is no garananty into cryptomarkets - all depending on trend study and data.
Have a great day.
@ ICX is for spot and long term
ICX - ICON trend chart - LONGHello trading friends,
This is a small view for ICON. (ICX)
Depending on long term ICX looks still interesting - even with the breakdown trend.
The target goal is 1 USD - if BTC keeps going the green trend in the long term - ICX will follow also this trend - ICX could show some power trend lines increase in the coming time.
This project means for spot and long term - know that markets can change with the low time frame - and on this reason always manage your risk.
Have a great day.
@ also there is not always a reason to enter markets before studying the trend including it should depend on your setups.