ICX Resistance ICX has two clear resistance barriers to get through before we see it make a decent move.
Firstly the 0.81 horizontal resistance then the long term resistance trendline
ICXUSDT.P trade ideas
ICON (ICX) Big Pump AheadMajor resistance and support levels:
On the weekly time frame chart, we have three major support and resistance levels. While moving towards the upside the price line faced strong resistance at $2.30 and after being rejected made another attempt and broke out this resistance. Then finally after finding very strong resistance at $3, the price action dropped down and also broke down the $2.30 support which was previously working as resistance and stopped at $0.60 support level. Is very strong support because previously it has been working as resistance several times. Now the price action is likely to take bounce from here.
Different Indicators:
If we take a look at the different indicators on the weekly time frame, then the stochastic is moving in the oversold for past several weeks which is indicating that the price of ICX is quite oversold now. For the last three weeks, the moving average convergence divergence (MACD) indicator has started turning bullish which is signaling to a big move in the long term.
Breaking out the channel:
Now if we switch to the 12-hour chart, then here the price action of Icon is moving in a down channel, and recently it has broken out the resistance of the channel and retesting the previous resistance of this pattern as support. If the priceline will be successful in re-testing this previous resistance as support then it can start a big rally from here, otherwise it ICX ca re-enter in the same channel again.
Big bullish BAT move:
On the Weekly time period chart, the ICX has formed a bullish BAT. As per the Fibonacci sequence of harmonic BAT the buy and sell targets of this pattern can be as below:
Buy between: $0.9161 to $0.6255
Sell between: $1.60 to $2.64
The maximum extent of buying zone can be used as a stop-loss, which is $0.6255. As per the above targets, this trade has a big profit possibility of 320% and the big loss possibility is 30%.
ICXUSDT SellHello Traders!
This is a sell trade of ICXUSDT. It is currently in a correction zone and this correction will give a nice drop.
Stoploss is -3% of investment
Take profit is 7%
Don't Forget to hit the like button and follow to stay connected
ICX has broken resistance Another one we have been accumulating waiting for this break above resistance. Ridiciously undervalued. Up only
ICX Ridicolously UndervaluedI remember selling a big bag of ICX for double digits early 2018 and seeing it under $1 is crazy to see. It recently tested long term resistance trend line and a break above would be a great ebtry point forthe trend reversal.
ICX 12345-ABC-12345This is not financial advice, do your own research!
It looks that way, but is it?
Icx usdt possible scenario ICX moving in a falling wedge in daily
Rsi make Lower high breakout will go to 1.40 orderblock
ICON: Broke below support, dumping. ICXUSDT is looking pretty weak, failing to get close to the ATH of 2018 of $10.28 during this bull run, with only reaching a 1/4 of that at $2.68.
With so many of the old guard of 2018, reaching and surpassing their ATH's of the previous bull run, this is a pretty clear sign of weakness.
Now that the bull run is looking pretty dead, there are no chances of even getting close to $2.68.
More bearish news are:
Below our last support in this area
Retested support, clearly turning it into resistance
Below the Ichimoku cloud
Below the 180 EMA
Bearish kumo twist
Based on all this, I'm shorting from 0.8329 with a STOP LOSS at 0.86
Right now I'm hunting for weaker crypto for shorting during periods of BTCUSDT decline
🆓ICON (ICX) June-17 #ICX $ICXICX is having a strong bounce from the $0.9 zone and it is currently heading towards the $1.40 and $2 zone and it could reach these levels in early July. However, if ICX loses this $1 zone then it easily falls to $0.7 zone
📈BUY
🔴Buy : 0.975-1.025$. SL if B
📉SELL
🔴Sell : 1.37-1.43$. SL if A
🔴Sell : 1.95-2.05$. SL if A
♻️BACK-UP
🔵Sell : 0.975-1.025$ if B. SL if A
🔵Buy : 0.68-0.72$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
BUY BIAS ON KSMUSDTOver the past few weeks, ksmusdt has been trading in the channel. It just approaches the lower channel giving signs of multiple rejections looking at the candlesticks. We look forward to a buy from here. we can get the channel broken but it has a low chance of doing that.
ICXUSDT - 12 HICX is still ranging in the triangle formation.
We are searching for a 12 h hl.
For every new follower i will add a new idea :)
ICXUSDT: Long term is GOOD but short term be careful- Wait at 0.91-0.93, sell them at 1.2-1.4-1.8
- If it breaks the 0.87, stoploss, buy at 0.81-0.79
- If it breaks the 0.7, stoploss, re-buy at 0.4-0.65 - then sell 5$-10$
ICON (ICX) The Best Buy The Dip OpportunityHi dear friends, hope you are well and welcome to the new update on Icon (ICX) coin. This is one of my favorite coin that gives a lot of trading opportunities on the different time frame charts. This time it is again going to give us a wonderful buy the dip opportunity.
The broadening formation:
The price action of the Icon coin is moving in a broadening formation that is moving towards the downside and within this pattern, the price action is moving to the downside to test the support again.
Breaking down the triangle:
On the daily time frame chart, the price action of ICX has also formed a symmetrical triangle. Now the price action has again moved at the support and breaking down the support of this triangle.
On the other side, Bitcoin has also formed the same symmetrical triangle on the daily time frame and already has completely broken down the support, therefore, the ICX is also following the footsteps of BTC.
Big harmonic BAT move:
On the long-term weekly time frame chart, the price action of the ICON coin has formed a big bullish harmonic BAT pattern and entered the buying zone. During this drop, the price action of ICX may give us chance to buy it from the very end of the buying zone of this bullish BAT, which is at $.6255.
Conclusion:
On the short and mid-term the price action has broken down the triangle and it can become more bearish. But in the long term, it can start a powerful bullish reversal from the potential reversal pattern of the big bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ICX/USDT Daily ChartICX somehow is currently under $1 a long way from the $12 I sold a big bag for back in early 2018.
As you can imagine there is cointinued support looking to keep it abaove $1, anyway you look at it accumulating at these levels can only ensure profits from here.
If $1 somehow breaks I have outlined the next logical support level.
Weekly ICX ForecastIMO, even icx reaches the red dashed lines, there is still a chance that the price will return to the red box or the bottom of the channel or fibo 0.38~0.50.
if this supports keep the price, we will see new ATH at the end of 2021.
