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ICXBTC

Still looking bullish unless it breaks THIS key support level*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
BINANCE:ICXUSDLong
by CryptoRush_
ICON (ICX) Big Pump Ahead After This DumpHey friends, hope you are well and welcome to the new update on ICON coin. Previously I shared idea on ICX coin where I told you that the priceline is at the support of a down channel and up to 367% move is expected. And finally, by the grace of Allah the most high, the price action of ICX started a bullish rally and produced more than 300% rally as predicted. The previous idea: If we take a look at the live chart then it can be observed that since start of the 2020 the price action turned bullish two times. 1st in the month of January when it produced more than 424% bullish rally and second when it turned again bullish from March to Aug 2020 and produced more than 550% rally. Now the price action is again moving down. So far it has retraced more than 61.8 Fib level and moving towards 0.786 Fibonacci. After the ICX team updated their road map on 1st Oct and announced the Gangnam Testnet at the end of Oct, it was expected that the Month of October will be bullish for ICON coin. But the priceline continue to move down and despite this great event, the price action was not affected. However, I have observed that the priceline of ICON coin may move more down but soon there is a 600% pump expected. So let’s try to understand how much it can be moved more down and when it can start the rally to the upside and what should be the targets. If we take a look on the daily chart then candlesticks of ICX with USD pair has formed a falling wedge pattern and further more ups and down movements can change this pattern from wedge to pennant soon. The 50 simple moving average is moving down to form a death cross with 200 SMA. And this cross can increase the sell off soon. Now if we take a look at ICX with USD pair on the long term monthly chart, then it has completed a bullish Cypher pattern and entered in potential reversal zone. Even though the priceline has completed a Cypher move in US Dollar market but I would not suggest you to place your buying order at the moment. Because the price action of ICX coin is completing the final leg of bullish Shark pattern in Bitcoin market on long term monthly chart. Therefore I would suggest to wait for the completion of this Shark’s leg and let the price line enter in the potential reversal zone of this harmonic move. The second thing I would suggest before buying the ICON coin we should keep an eye on the movement of exponential moving averages with the time period of 10 and 21 on daily chart. At this time it can be seen that these EMAs are in bear cross. Once the price action will be in potential reversal zones of Cypher and Shark as mentioned above and the EMA 10 crosses up the EMA 21 then we can place our buying orders and set the stop loss the maximum extent of potential reversal zones. The buying and sell targets as per Fibonacci sequences of Cypher and Shark harmonic patterns can be as below: Buying and sell targets of ICX with US Dollar pair: Potential reversal or buying zone: $0.3720 to $0.2557 Fibonacci projection or sell zone: $0.4636 to $0.6829 Buying and sell targets of ICX with US Dollar pair: Potential reversal or buying zone: 0.00001981 to 0.00000742 btc Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc Conclusion: Even though the priceline of ICX is forming perfect harmonic moves, but we should strictly take care of stop-loss because if the priceline will break down the PRZ levels then it can turn more strong bearish. Note: The idea above is for educational purpose only, do not take it as investment advice.
Long
by moon333
3
ICXBTC forming bullish Shark | Upto 655% big move aheadHey friends, hope you are well and welcome to the new update on ICON (ICX) coin with Bitcoin pair. On a long-term monthly chart, the price action of ICX is completing the final leg of bullish harmonic Shark pattern and soon it will be entered in a potential reversal zone. Buying And Sell Targets: The buying and sell targets according to Fibonacci sequence of harmonic Shark pattern should be: Potential reversal or buying zone: 0.00001981 to 0.00000742 btc Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc Stop Loss: The potential reversal zone area that is up to 0.00000742 btc can be used as stop loss in case of complete candlestick closes below this level. Possible profit and loss ratio: As per the above targets this trade has the profit possibility of 655% and as per the above-mentioned stop loss, the loss possibility is 62%. Note: The idea above is for educational purpose only, do not take it as investment advice.
Long
by moon333
3
$ICX ICON PREVIOUS HEAND AND SHOULDER PATTERN PLAYING OUT!PREVIOUS HEAND AND SHOULDER PATTERN PLAYING OUT, Completely Out Of The Ascending Channel Possible To Have A Lower Low. If 200MA Does Not Hold, It Will Be Bloody! Although We Are Right With Our Plays, I Am Very Disappointed With What ICX Is Doing As A Long Term Hodler. Price Movements Are Very Volatile. Sure It Has Pretty Good Support Levels But Couldn't Sustain Higher Prices (This Is Probably Due To High % Staking Rewards, Which Investors Are Taking Advantage Of. - Passive Income And Profit Taking) LET ME KNOW WHAT YOU THINK! 🧐 💡 IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING 💯 *You are Welcome to Request Chart Analysis at Anytime! Simply Comment Down Below or DM Me :) ```````````````````````````````````` ⚠ DISCLAIMER: Trading Involves High Risk! I Share My Trading Positions And Ideas With You For FREE BUT Please Be Responsible For All Your Actions. This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
BINANCE:ICXUSD
by crypt0analyst_
11
ICX Broke Down The Critical Level!BINANCE:ICXUSD ICXUSD ICON BROKE DOWN ON CRITICAL SUPPORT LEVEL! ICON fulfilling the head and shoulder bearish pattern! Further consolidation is possible but It must Hold 200MA, otherwise icon will see more blood and hit around 0.3 levels LET ME KNOW WHAT YOU THINK! IF YOU LIKE MY IDEA, PLEASE HELP AND SUPPORT MY CHANNEL BY HITTING THE THUMBS UP, LEAVING A COMMENT AND FOLLOWING :) ```````````````````````````````````` ⚠ DISCLAIMER: Trading Involves High Risk! Be Responsible For All Your Actions. This Chart is Used for Educational Purposes Only And NOT A Recommendation to Buy or Sell the Asset.
BINANCE:ICXUSD
by crypt0analyst_
10
ICX/BTC (Resistance turned Support?)BINANCE: ICXBTC -ICON confirmed previous resistance turned support -This area is a strong confluence of 200ma and 50ma -Plus the upward trendline of support coincide in this region -Since the uptrend still valid, priority is up -The potential targets are up to 7600-9200 sat -The ideal stop loss is below the green line or 50ma ^Trading involves High Risk ^Not Financial Advice ^Please exercise Risk Management **If you like my daily Published Ideas **A little help by supporting my Channel **Through leaving a Thumbs Up, Comment & Follow **Happy Trading! --> Thank you! :)
by PolarHusk
12
ICXBTC GATHERING STRENGTH FOR AN UPWARD MOVE?— 70/100DAYS OF TA Time Frame: Daily, 4Hour, and Hourly Hi guys, Welcome back! Day 70 of the 100 Days of TA is here! Today's spotlight is on ICON (ICXBTC). I talked about ICON next direction and the whys. I showed some high probability setups here, what usually happens and what would happen. Have fun watching today's video! If you think there's something I should add or maybe there's any coin you have your eyes on? You can drop in the comment section. Always remember that this is Technical Analysis and it's a game of probabilities. Thanks for coming today! See you tomorrow!
by Pearlumie
1
ICON getting ready for a quick leg up!Hey, I am back with another Crypto Analysis. Today I took good profits out of Dot coin, over 50, I've been more greedy than usual in this trade. I think it still has potential to rise, but I expect at least a correction. Enough about Dot as we don't have much time as ICX is trying to break the downtrend line. So this should be pretty quick trade, buy in the downtrend channel or buy the breakout, 11% is a take profit from current price. Good luck with this trade! Tibor
Long
by TiborVrbovsky
One Last Correction Before Moon? | ICX-BTC BINANCE:ICXBTC has been on my rader for some time but other alt-coins had my priority and i have executed the trades on them. This means my aim is completely focused on Icon. Now on this chart we can see a couple of reason why i has cought my eye. The last few days the price has risen 80% measured from most recent low to the peak of this rally. The top horizontal white line is our long term resistance. This line has been touched for the first time in December 2017. When the price came back down from its peak in Januari 2018, it made a rebound on this line in the end of Februari 2019. The price eventually decided to go below the line. Since then it has been touched as resistance once at Februari 2020 and now it seems like it has found it's resistance on it again. Which brings us to the correction i teased in the Title. Because the price went up so quickly in the past few days, it is likely it has to cool off before it can shoot up to the moon. In the chart we can see the green area which consists of 3 possible reversal points. Two of the points are at the edges of the zone and the last one is the red line in the middle of the zone. I think it is very likely we will see a correction to the green zone before we see higher prices of this cryptocurrency. This gets invalidated when the price rises above its previous recent high.
Short
by VinanceYT
2
ICX: Long Term Outlook Is Fantastic - Possible 300%+ TradeIcon (ICX) has been doing incredibly well respecting support levels. But it seems like demand has been racking up with higher lows being created, meaning that with each retrace, people are seeing more opportunities to buy ICX before support even reaches. A technical higher low is a very bullish sign on the weekly. We can be potentially looking for a massive breakout within the upcoming months, and this may be no better time to accumulate. Trade Safe. X Force provides quality content provided by experienced traders who would like to make charting more simple for the general public. If you love our content, please make sure to give us a 'like', we would highly appreciate it!
Long
by XForceGlobal
3