ICON looking like a breakout is imminent. Great risk to reward almost 1:5. There are multiple targets that have been hit. However be aware there is a big algo target wanting to take this a bit lower first. Play safe
Entry 1: Below 0.3850
Entry 2: Wait for breakout, candle close and retest of range
Entry 3: 0.3080 Algo target
ICX break the downtrend line and retested it. The coin tested the major support zone and bounced back. This is a good buy for the next few days and will give handsome profits.
Buy Zone: $0.36-$0.38
Target: $0.42- $0.45 - $0.50 - $0.55 - $0.65 - $0.80
Stop Loss: $0.33
Really nice looking chart on this coin. Respecting the levels so far and looking bullish with a potential higher low forming right now. Let's see if we can form a higher high from this price. Not a really good enough probability bet (for me) right now but if buyers break 0.45 (on a daily closing basis), things could get interesting...
This coin have so much potential from fundamental page. I see Head and Shoulders forming on 1h timeframe, also with trendline / falling channel. ABC correction is completed and also the right shoulder is in the same position as left shoulder, which is great. If you are interested in signal channel on tele-gram, please contact me @RobertWise. Bitcoin dominance is...
As shown in the chart, the price is moving towards the midline of the Andrews PitchFork. If the price crosses the middle line, it can increase to the upper line of the fork, where the resistance area of 38.2% Fibonacci is located.
ICX is on support line, if this support holds, ICX can go up 1$, but if it breaks the support it can down. I opened a long with the stop loss below the support. I will change the long to short if it goes down.