What Is ICON?
The ICON Project aims to build a decentralized network that allows independent blockchains with different
governances to transact with one another without intermediaries. Anyone can create a new blockchain project and
join the network. A new blockchain project is free to connect with existing projects and create new unique worlds,
Hey friends, hope you are well and welcome to the new update on ICON (ICX) coin.
On a long term monthly chart, the price action of ICX has completed the final leg of bullish harmonic Cypher pattern and entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to the Fibonacci sequence of harmonic Cypher pattern should...
Hey, I am back with another Forex idea, this time looking at ICX.
As you may know ICX is breaking out, and currently is about to perform another leg up.
So the price has been going down in a very tight selling channel, this is a indication of bears exhaustion, buy in the support area or market buy into the breakout.
Good luck with this trade, I am taking a part...
ICXBTC is broken out of falling wedge. The possible gain is shown in the chart. Maybe we get a pullback at this stage, but we have to find out. This could give us the confirmation of the first wave of the new set of impulsive waves. Interesting trade!
Priceline of ICON / Tether US has formed bullish BAT pattern and entered in potential reversal zone.
RSI is oversold.
Volume profile is showing weak interest of traders here.
We also have a strong support of 0.1807 sats just beneath the potential reversal zone and price action has already hit at this support 1st time after Feb 2019.
I have used Fibonacci sequence...
ICON is located on the bottom of the ascending channel and its support range and seems to be suitable for entry.
ICX will probably see the specified targets after some correction, especially across the chart.
We suggest that you monitor this crypto currency and be sure to trade according to your trading strategy.
Everything is on the chart. ICON is one of my favorite asset because of its fantastic potential and I would like to share my little point of view about it.
Wave 2 should be over (in orange color). We draw a huge beautiful ascending triangle and we compress more and more.
The shareholders' capital still keep on to strengthen.
We should easily hit the TARGET...
ICX has lifted off major support and is poised for a price increase of up to 240%.
The conditions of this trade are a stable bitcoin and a continuation of the bullish altcoin conditions seen recently.
ICXUSD ICON BROKE DOWN ON CRITICAL SUPPORT LEVEL!
ICON fulfilling the head and shoulder bearish pattern! Further consolidation is possible but It must Hold 200MA, otherwise icon will see more blood and hit around 0.3 levels
LET ME KNOW WHAT YOU THINK!
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