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ICON / TetherUS PERPETUAL CONTRACT

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ICXUSDT.P trade ideas

Binance: ICX buy / long 1DBinance: ICX buy / long 1D Entry: 1,6 - 1,7 SL: 1d close below 1,4 TP: 2,5 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 interoperability layer like ICON. ICON Network describes itself as a general-purpose blockchain protocol based on the native cryptocurrency ICX that can run smart contracts, adopt the BFT-DPoS (Delegated Proof-of-Stake) consensus protocol, and use an economic-governance protocol called DPoC (Delegated Proof-of-Contribution). The ICON Network is powered by a proprietary blockchain engine called 'loopchain' and has the ability to handle hundreds of transactions per second. The ICON project was started to ensure the integrity and transparency of data shared between institutions and companies, and to move mutual assets on heterogeneous blockchains without a centralized organization. In the long term, ICON Network aims to become an 'interchain' that connects multiple blockchains based on BTP technology. The ICON blockchain is powered by loopchain, a blockchain engine designed by ICONLOOP. ICONLOOP is responsible for loopchain’s government and enterprise adoption in South Korea. Loopchain is the Seoul Metropolitan Government’s standard blockchain platform.
Long
by Tran_Tri_Tai
ICX found support and ready to continue its uptrend? I've been watching/ swinging ICX for the last few months as it's continued to form an ascending triangle from the May sell-off. The most recent Black Friday discount dump put it below its long term trend line but not for long.....???? We've found support in the area around the 200ema and the .382 fib which has flipped between s/r plenty of times this year. The #BPT #AlphaPrime has just printed a BPT Long following a recent TD9 buy and on the two occasions those two have printed in confluence this year have both resulted in 90%+ gains!!! Add to this we've just printed a bullish butterfly harmonic on the 16hr, bullish divergence on the 4hr & 1hr and the RSI has plenty of headroom on most longer timeframes. I'd like some more volume and a break and close above the long term trend line before I go balls deep into this but a little Monday morning YOLO with a tight stop under the 200ema/ .382 fib area is offering enough RR to get involved. Entry $1.7057 - $1.7872 TP's $1.91/ $2.21/ $2.65
Long
by D160x
1
ICXUSDTICX after breaking the $1.34 resistance, icx been grinding up towards April high. While printing higher high and lower within is a rising wedge pattern, the Resistance line is yet to be validated. Every dips bouncing of 0.702-0.786 fib. A rising wedge is formed when the price consolidates between upward sloping support and resistance lines. Here, the slope of the support line is steeper than that of the resistance. This indicates that higher lows are being formed faster than higher highs. This leads to a wedge-like formation, which is exactly where the chart pattern gets its name from! With prices consolidating, we know that a big splash is coming, so we can expect a breakout to either the top or bottom. If the rising wedge forms after an uptrend, it’s usually a bearish reversal pattern. However giving where the market is at, I’ve seen plenty of rising wedges break out upwards ICX/USDT currently trading at $2.39 The ideal buy zone would be under 2.15$ Invalidation point = below $1.88 daily base Potential targets 2.68 – 3.04 and moon long term ICX/BTC The real party start for icx is once icx flipped 0.000050k sat as support expect icx tp push towards $5+
by CryptoUltron
ICX might pump I had this triangle for some days but I was waiting to see if price kept going up. At the moment I think that in 3-4 days we might see some action from ICX assuming off course that BTC doesn't dump. For a move upward we need this daily candle to close over current VLPR's control line, once we breakout I expect ICX to go 2x (although this won't happen in few days). if instead we go down the triangle's bottom line is the major support, the dashed line is the second one. I expect ICX to reach at least 2017 price before the cycle end. Good luck
by Shotokhan