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vf_investment
Feb 6, 2023 12:45 PM

ICXUSDT looks good now (60 % pump) Long

ICON / TetherUSBinance

Description

ICXUSDT looks good short-term.
We may see 60 % pump if support holds.

The price already retested 0,27$ level and we got a pullback to retest the support again. If it holds , we should see trend continuation .

Take profit level: 0,2953$
Final target for this trade: 0,38 $

MACD printed more bars of positive momentum and we can see a bullish cross.

Moreover, in our opinion this coin is very undervalued. ICX is a layer 1 project which could be competing with coins such as EOS, SOLANA, APTOS, TEZOS and many more Layer 1 coins that are way higher in the ranking.
ICX may be a good hold for a mid-term or long-term too but in this trading idea , our short-term prediciton is target around 0,38$.

Possible scenarios are shown on the chart.

Good luck
Comments
RLinda
Wow, great technical analysis. I like your work.
Gold-Tech
Good one
ProjectSyndicate
let's get it, nice target
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