ICX had made very sharp movement last week. Now, it should be dip for ICX. Be careful about it. I will be always waiting on long position for ICX I don't have liq price, so its okay for me :) Buy the dip.
#ICX Breakout is Around the Corner So Keep your eyes on it..!!
Falling Wedge Formation in the Higher timeframe..
Pretty Decent Buying Volume Coming in..
In Case of Wedge Upside Breakout, Pump will be Epic.
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ICXBTC (ICON) has been in a major downtrend for many years now... But it is all coming to an end.
This pair has been dropping since January 2018 and it seems like this is it.
The last four candles, since mid-December, are showing some signs of a potential reversal.
It still needs to develop.
It still needs to take place...
But if prices move and close above...
It gave a big breakout but could not sustain the rally due to Bitcoin, which is currently standing at its support. Selling is not happening at all which makes it ready for a 25% rally. Macd Bullish cross has happened if you take long entry it can give you good profit
DYOR MANGE UR RISK FIRST
HAPPY TRADING 🕊️
ICX under resistance
safer entry - enter retest on 2hr time frame
Target 1: 0.2009
Target 2: 0.2188
Target 3: 0.2374
Stop Loss: 0.1597
Manage Risk - have a stop loss in place
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
ICX is about to breakout out of a 3 year down trend in the usd pair. A break above .618/.7 resistance zone around $2.80 would be confirmation. If ICX breaks this zone I would expect all time highs to be reached pretty quickly. Look at LRC/USD for comparison.
ICX seems interesting for a low time frame, and it can get coming time to new high increase points.
for this reason, it's interesting to follow up and see if it will get new confirmations.
The reason for this update is that ICX shows patterns of increase.
Also since ICX has an all-time low on Jan 03, 2020 (3 years ago) of $0.1069
Can this price action be a...
BTC dominance over ICX should change.... Very soon, if not now. But it also depends on iconloop actions. Hopefully they are gonna go through with BTP soon
... pičkin dim. google that :)
still... atm we are nearing ATL price... ICX has grown its ecosystem, and is stronger than it was back then, you know... 10B mc :D BTP is maybe or maybe not gonna come next year. Bridge has been tested on wonderland game project (successfully). Trading wise, I think if you start DCA now, you are gonna be better of in next few weeks...
Such amazing project shouldn't be where it is. And it is here because of lack of marketing, lack of VC (they are probably never gonna come). Still, they are always building, ecosystem constantly grows (craftnetwork, optimusdefi, balanceddao, ommfinance, gbet, wonderland bridge happened).... In my opinion this the bottom against BTC pair. Long no matter what.
ICX EVEN FOR WHALES INTERESTING NOW
If you following whale trend than you know the main goal of a whale is to buy into dip trend ( low price action and to sell into uptrend)
Whales don't just buy coins that don't have interesting for long term.
ICX have a history And whale trend can play on this.
The price action where we are now are very interesting for...
ICX known as a coin that it can increase when its the right cycle time.
There are coming some nice updates for ICX, and same time it seems ICX are very under the normally range price.
Trading is not about cheap or expensive, but the trend ICX shows can go for more.
The 1 usd target long term could be right first target for ICX with the right trend follow.
We...
