Hi dear friends, hope you are well and welcome to the new trade setup of ICON (ICX) coin.
On a monthly time frame, ICX has formed a bullish Gartley pattern:
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
ICXUSDT price has already broken the falling trendline but in the meantime established a strong resistance zone around 0.41 $. Price flirted with that resistance but failed to break. So once bulls successfully break that zone we could see an upward surge for some potential upside areas.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
(ICXUSDT 1W Chart)
Anything below 0.425 is likely to be a mid- to long-term investment area.
So, whether it can move higher than 0.425 is the key.
To create a new wave, it must rise above...
ICX 3 levels to watch out for as the charts show.
Icon did shows in past great increases since markets did breakdown did it end at this dip point, the question is - are we going to see new increase levels.
This coin!!!!!!! THIS COIN!!!!! :) Such a disappointment price wise. only x6 since ATL atm.
we are at breaking point. are we going to 40 cents, then 30 cents ... or are we going to $2+ and then $5, $10? IDK
A lot of good stuff is going on for ICX, but in my opinion it has great inflation problem.
Next week, Wonder.game will be the first project using ICON...
The selling stopped when ICX approached the $0.7 zone, which is a pretty good support since March until now. If it doesn't lose this support zone, it can move to the $0.9 and $1.1 zone in the near future. However, if it loses this support, its lower support areas are quite weak that we need to consider carefully before buying. The $1.1 zone is also a very strong...
As mentioned previously, I took profits on my booster short and flipped long at 0.70$. I expect it to run back turbo (based on Justin Mamis Sentiment cycle from 1990), ending the rally temporarily, and consolidating, under the 2.60$ mark.
ICX is correcting quite quickly and the target of this correction might be the $0.8 and $0.75 zone. It can then resume the uptrend towards the $1.1 and $1.3 zones this April. But if it loses the $0.75 zone then it will be very dangerous and it could fall deeply in the near term
♻️Condition : If 1-Day closes ABOVE 0.75$ zone
🔴Buy : 0.8 - 0.75