ICXUSDT.P trade ideas
IcxusdtPrice broke through the high from 2018. Came back down to test the weekly control candle low. Bouncing of the lows. Looking for more rejection from the lows to target the highs and eventually some price discovery.
ICX back to $3 area.ICX is currently breaking above resistance area. I bought at market few moments earlier, may be a good idea to get in!
RSI gave a buy signal.
EMA's gave a buy signal.
TP at $3 area, about 10% profit.
Good luck!
Also don't forget to leave a comment as Tradingview algorithms likes comments 😂
ICX - I C eXuberance buy here, I C eXcellence buy in the zone.ICX is a really beautiful chart.
Nothing's guarenteed, but I don't see the 61 fib holding.
I have set up all my orders in the buy zone.
It's better to get good entries in no trade than bad entries in fomo a trade.
If the 61 does hold, then a buy on the re-test could be on the cards.
Keep eyes on ICxKeep ur eyes on ICX after breakout retest we r going above towards 3.2 usdt with SL should around 2.55
ICX Bull flag formation We have a breakout of a bull flag formation on ICX
Suggested targets: $2.80, $3.10, $4.00 ~
Always aim for at least a 1:1 risk/reward.
I am not your financial advice. No matter how accurate something can be I always suggest that you do your own research and use your own risk management strategy. Use the above numbers as suggestions and not a rule.
ICXUSDT EnjoyThis is not financial advice
ICX successfully breakout the downtrend
ICX have everything to PUMP hard, just check
ICXUSDT (ICON) - BULLISH SETUP ANALYSIS 🔎
- ICXUSDT brokeout above the pennant pattern's inclined resistance as expected from my previous analysis.
- The market hit a swing high and retraced.
- Price is retesting the pennant pattern's inclined resistance, horizontal support level (S1) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- There's a potential formation of the bullish inverse head and shoulders (IH&S) pattern.
BUY ENTRY ⬆️
- Aggressive entry : current market price (CMP).
- Conservative entry : If the inverse head and shoulders pattern is formed, a breakout above the inverse head and shoulders neckline resistance (NR) could be a bullish signal (entry).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the head's horizontal support level (S1).
- Final invalidation : breakdown below the 0.786 fibonacci retracement level.
ICX looks good, another leg up comingICX successfully breakout the downtrend and now respecting the newly formed uptrend line. ICX bounced from the support zone of $2.2 - $2.25 and now looking bullish for another leg up.
Buy Zone: $2.4 - $2.5
Target: $2.78 - $2.95 - $3.25 - $3.55 - $3.9
Stop Loss: Below $2.2
