👉Nice break of resistance and establishment of new uptrend
👉Break of trigger zone = new yearly highs
👉Enter on trigger break for safe entry or place orders in the lower half of demand zone for bounce
ICX is one the amazing project in last years but in these days its not working very well
According to the chart and previous analysis, after the price supported in the area that was had 2 support zone one of the trendline and one of them was static the market started upwards movement to the key point level and because of the loss of power to break...
ICX (ICON) is moving in a well-shaped parallel channel on the weekly chart. It has been reacted well to an important level at $1.2 which is also a long-time dynamic support and the bottom line of the main channel. IF it bounces from this level and stabilizes above the EMA200 (Ideally at $1.4) we can expect the price to test the resistance at $2.5. The target price...
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.
Based on technical factors there is a long position in ICXUSDT Icon
🔵Long Now or set on Key Level 1.215
🟢Target 1 1.280
🟢Target 2 1.395
❌Stop loss 1.180
Every signal has a score from 1 to 5, so accordingly adjust your risk for each signal. The signals with the score of 5 are the most probable ones.
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According to the chart and previous analysis, We shown on chart that the price is need to drop more because of the movement that couldnt break the key point level and drop price started from there level.
If the price drop more and come to our buy zone area we can buy one step and wait until to reach to the target that we will update it in...
There is a short position in ICXUSDT Icon
🔴Short Now or set on Key Level 1.560
🟢Target 1 1.485
🟢Target 2 1.435
❌Stop loss 1.590
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I think ICX will make secondary reaction or new Higher Low before the new primary trend
So we can also call it correction, so do not be hurry
We wait and catch it dont push yourself into trading guys!
Thanks for the support!!
Binance: ICX buy / long 1D
Entry: 1,6 - 1,7
SL: 1d close below 1,4
ICON is a decentralized blockchain network focused on interoperability. With ICON’s “blockchain transmission protocol”, independent blockchains like Bitcoin and Ethereum can connect and transact with each other. This opens up cross-chain use cases that are impossible without an...
Is ICX repeating previous pump?
Historical indications are no guarantee, but when comparing the setup at the moment it looks nice.
This kind of chart pattern is what could be in store for ICX in the short term. This is just an idea, do not see this as advice.
If you do want in here, be sure to set an SL right under the bottom line of the rising wedge.
💎 ICXUSDT had formed a Bullish Flag, after the breakout it has formed a symmetrical triangle, It is expected that after the breakout above the triangle it will continue the Bullish move.
💵 Invest Only 5% of your Portfolio
🎳 Entry Now or From 2.114 to 2.177
☕️ TP1 2.240
🍺 TP2 2.323
🍻 TP3 2.400
There is a Trading Signal to Buy in ICXUSDT ICON
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy on FLAG breakout or Buy on 2.08
⭕️SL : Close below 2.040
🔵TP1 @ 2.28
🔵TP2 @ 2.44
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