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ICON / TetherUS PERPETUAL CONTRACT

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ICXUSDT.P trade ideas

ICX/USDT Break this area, next stop is Bullish Flag resistance!💎 ICX has recently exhibited significant market dynamics. Presently, ICX is encountering resistance in the supply area, where it has historically faced rejection. 💎 However, if ICX manages to successfully break out above this area, it could trigger a bullish momentum, potentially leading to the continued upward movement toward the resistance trendline of the Bullish Flag pattern. 💎 A breakout from this pattern could pave the way for further gains, possibly reaching our target area. 💎 Conversely, if ICX fails to break above the supply area, there's a possibility of price rejection, leading to a downward movement towards the support area or even the demand area. 💎 The demand area holds crucial significance as it often serves as a pivotal level for price action. A bounce from this area could indicate renewed buying interest and potential for another attempt to break out above the supply. 💎 However, if ICX fails to hold above the demand area, it would signal weakness and potentially lead to a bearish trend reversal, with the price likely heading further downwards.
by MyCryptoParadise_Nathan
4
ICX soon can break above the Bullish channelICX soon can break above the Bullish channel. We might see a small bounce off the Resistance line r the upper band of the channel. 🔵Entry Zone 0.2494 - 0.2570 🔴SL 0.2285 🟢TP1 0.2682 🟢TP2 0.2921 🟢TP3 0.3135 Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments.
Long
by JosephMcKenzie
#ICX/USDT - Long - Potential 33.33%Strategy: Long Exchange: BYBIT Account: Spot Entry mode: Market order in range Invest: 5% Exit: • Target 2 : 0.384 33.36% • Target 1 : 0.31367 8.93% Entry: 0.28795 ⌁ 0.28795 • Current market price: 0.28795 Stop: 0.2478 (-13.94%) Technical indicators: Confirmed uptrend, recent trendline break, big overhead resistance flipped to support and RSI with upward momentum. Crypto market as a whole looks pretty frothy with the BTC ETF approval anticipation bringing volume and interest. • ⎿ 24h Volume: 146376.7818197 • ⎿ Satoshis: 0.28795 • ⎿ Analysis: TradingView
Long
by CryptoNicho
🚧ICXUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi every one ➡️ICX has done a Impressive Movement recently but the odds of another bullish Movement is Pretty high because the pattern which ICX is in, Is a Bullish Pennant Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens, we Can Expect a Bullish Movement as much as the Measured Price movement (Pennant pole) to happen! 🟡Summery: -ICX has been Bullish Recently! -The odds of another Bullish Movement is High! -Bullish Pennant is Visible on The chart! -No break out yet! 🤑Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
ICXUSDT Evaluating Key Support? What next 👀 ICON Analysis💎 Paradisers, let's delve into #ICXUSDT as it's currently demonstrating a noteworthy market behavior. Positioned at a critical support level, it is hinting at its upcoming market direction. 💎 Focusing on #ICON recent activity, it's steadfastly holding onto the key support level at $0.2305. Should the price maintain its momentum here, there’s a strong chance we’ll witness an upward movement. Additionally, it is tracing a descending channel pattern. A break above this pattern could further cement the bullish scenario. 💎 However, in the ever-dynamic crypto market, we must be prepared for various outcomes. If #ICX dips below this key support level, we might need to pivot our strategy, eyeing a potential bullish rebound from a lower support level at $0.2022. 💎 And here's an essential point: if #ICX breaks through the $0.2022 support level, it could indicate a shift towards a bearish trend, with market sentiment potentially moving to the sell side. 🌴💰
by MyCryptoParadise
1
ICX coin is ready to fly!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ I decided to take the ICX coin to the spot. Previously I tried to long this coin locally, but when I expanded the chart and looked at the global picture, I saw something interesting) Technical: the price has broken through the global countertrend line and is now in a small accumulation in the support zone of 0.236 Fibonacci. I decided to take 2.5% of the deposit from current to spot, BUT! There is a suspicion that with a possible correction, BTC may begin to throw alts down 10-15%; the ICX will just test the countertrend line. I left there an additional 2.5% of the deposit.
Long
by DanilBlinkov
Retesting the trend line and growth!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Technical: the asset price on the local chart may retest the trend line, from where I expect to see a rebound. I am entering a position now with a small gain at the trend line. Deal plan: ▪️Entrance - 0.2484/0.24$ ▪️Stop - 0.2231$ ▪️Take - I will update. Guys, try to respect the risks - this is an altcoin that can show strong volatility at the moment!
Long
by DanilBlinkov
ICON| Local deal in Long!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ There is a local downward trend that is about to change into an upward trend, I think that after a small correction we will go for a breakout of the countertrend line, ETH still looks long... Deal plan: Entry - $0.2585 Stop - $0.2419 Take - $0.28 Guys, be careful, the coin can show high volatility at the moment, follow risk management.
Long
by DanilBlinkov
ICX/USDT Need to bouncing to continue the upward movement !!💎 ICX has undoubtedly captured significant attention in the market. Currently, it has perfectly broken out of the rounding bottom in the supply area with substantial volume. ICX is currently undergoing a retesting phase in the demand area, which precedes the supply zone. 💎 If the retesting phase in the demand area proves successful, there is a likelihood that ICX's price will bounce, the probability of continuing its upward trajectory and reaching our target in the major supply area. 💎 However, if ICX encounters difficulties during the retesting phase at the demand zone and struggles to maintain its position, resulting in a breakdown, the scenario shifts to a bearish movement. 💎 In such a case, ICX may retracement to the next lower demand area. At this point, ICX would require a bounce to reclaim the area around $0.26 to sustain its upward movement. Failure to reclaim this area could lead to a continued downward movement, possibly returning to the strong support zone.
by MyCryptoParadise
1
ICXUSDT (Icon) and the Range-Trading Conundrum🌟In the ever-evolving world of crypto, ICON (ICX) against USDT (Tether) presents an intriguing narrative. To comprehend this evolving scenario, we delve into the recent price action and pivotal technical indicators. 🌟Today, ICXUSDT witnessed a notable event – a clean rejection transpired at the 88.6% Fibonacci resistance level. This particular price juncture has significant implications, indicative of both short-term price dynamics and broader market sentiment. Concurrently, this level aligns with a robust supply zone that has established itself over the preceding six months. 🌟This confluence of technical factors spotlights the prevailing dominance of sellers within the IMXUSDT market. A critical aspect contributing to this bearish bias is the resolute failure of bullish forces to conquer the formidable supply zone. Their inability to breach this critical threshold amplifies the control wielded by sellers in this market. 🌟Furthermore, as we dissect the prevailing market structure, a compelling proposition emerges. The potential existence of a substantial range-trading zone complicates the traditional conception of trend dynamics. Instead, it sets the stage for more lateral price movements, rather than a decisive trend. This observation underscores the intricate and finely balanced market sentiment surrounding ICXUSDT. 🌟In summation, with a heightened degree of confidence, it can be projected that the cryptocurrency's price will endeavor to navigate a southward trajectory once more. This projection prompts a vigilant assessment of two critical price zones. 🌟The initial zone, situated around the 61.8% Fibonacci support, near $0.18, signifies a minor demand zone. Additionally, its position within the broader price structure of IMXUSDT marks it as an area where buyers have historically exhibited a propensity for engaging in significant market activity. 🌟Subsequently, the second zone, at approximately $0.15, gains prominence as it aligns with the establishment of a double bottom pattern within the ICON price narrative. This double bottom formation underscores the region's inherent capacity to serve as a robust demand area, historically attracting buyers and fueling market demand. In closing, the ICXUSDT market offers a nuanced tapestry of resistance levels, supply zones, and historical support regions. Navigating these complexities is essential for traders and investors, as they seek to formulate well-informed strategies within this ever-dynamic crypto landscape.
Short
by CryptoPAMM
ICX/USDT Upward Momentum ??? The second pump is coming!💎 ICX has undoubtedly piqued our interest. Recently, ICX managed to break free from the consolidation phase and also surpassed the supply zone. This ascent was marked by a significant upward surge, bypassing the initial need for a retesting phase. 💎 However, ICX faced a stern rejection at the supply zone ranging from $0.210 to $0.216. It's plausible that ICX might retreat for a retesting phase, eyeing the Demand level at $0.188 or the lower timeframe (LTF) demand at $0.185. 💎 Upon reaching this demand zone, it's crucial for ICX to rally, crafting a bullish rejection candle to signal readiness for a resurgence and another attempt at breaching the supply zone. 💎 However, there's a downside risk. If ICX reaches the demand zone but fails to forge a rejection candle, instead crumbling through the demand level, it could spell a bearish phase for ICX. This scenario could potentially drive the price further down toward a robust support level, or even as low as the key support threshold.
by MyCryptoParadise