Check if it can rise above 0.1135
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(ICXUSDT 1D chart)
In order for a medium- to long-term uptrend to begin, the price must be maintained above the M-Signal indicat
ICXUSDT - falling wedgehi traders,
Let's have a look at ICXUSDT on 3D time frame.
Yesterday we published this analysis on the monthly time frame:
Having a closer look on the 3D chart, makes me even more confident that ICX will see higher prices within the next few weeks/months.
The falling wedge is a bullish pattern
ICXUSDT - the bottom is in or very closehi traders,
Unfortunately, the market was brutal for us last night and all altcoins crashed hard.
The good news is that the bottom is already in or it's very close.
Don't be surprised if ICX makes new all-time low before starting the uptrend.
The falling wedge pattern should result in a bullish br
ICX on the massive discounthi traders,
The price broke the support and made a new low.
The same happened for ZECUSDT in July 2024. Soon after ZEC reclaimed the support, the price rose almost 400 %.
I expect something similar for ICXUSDT.
If the price recovers the support, it should go higher so we should retest at least the
ICXUSDT is a buy nowhi traders
ICXUSDT hasn't performed well recently, but it may be time to be bullish on ICX again.
Bullish divergences formed and the price is in the low-risk area.
Easy to strategize the trade here.
Risk/Reward ratio: 8,08
entry, target and stop loss are shown on the chart.
Good luck
ICX 4H Chart
▶️ I am biased towards further downside price action.
▶️ Drop from early December has an impulsive look.
▶️ Upside movement is forming a corrective bear flag.
▶️ There is no RSI divergence in the recent low.
▶️ Therefore, the higher probability is for a new leg down retesting 0.1462 low.
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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