ICXUSDT.P trade ideas
Keep eyes on ICxKeep ur eyes on ICX after breakout retest we r going above towards 3.2 usdt with SL should around 2.55
ICX Bull flag formation We have a breakout of a bull flag formation on ICX
Suggested targets: $2.80, $3.10, $4.00 ~
Always aim for at least a 1:1 risk/reward.
I am not your financial advice. No matter how accurate something can be I always suggest that you do your own research and use your own risk management strategy. Use the above numbers as suggestions and not a rule.
ICXUSDT EnjoyThis is not financial advice
ICX successfully breakout the downtrend
ICX have everything to PUMP hard, just check
ICXUSDT (ICON) - BULLISH SETUP ANALYSIS 🔎
- ICXUSDT brokeout above the pennant pattern's inclined resistance as expected from my previous analysis.
- The market hit a swing high and retraced.
- Price is retesting the pennant pattern's inclined resistance, horizontal support level (S1) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance.
- This is a bullish signal.
- There's a potential formation of the bullish inverse head and shoulders (IH&S) pattern.
BUY ENTRY ⬆️
- Aggressive entry : current market price (CMP).
- Conservative entry : If the inverse head and shoulders pattern is formed, a breakout above the inverse head and shoulders neckline resistance (NR) could be a bullish signal (entry).
TARGETS 🎯
- Horizontal resistance level (R1).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Initial invalidation : breakdown below the head's horizontal support level (S1).
- Final invalidation : breakdown below the 0.786 fibonacci retracement level.
ICX looks good, another leg up comingICX successfully breakout the downtrend and now respecting the newly formed uptrend line. ICX bounced from the support zone of $2.2 - $2.25 and now looking bullish for another leg up.
Buy Zone: $2.4 - $2.5
Target: $2.78 - $2.95 - $3.25 - $3.55 - $3.9
Stop Loss: Below $2.2
Good opportunity on ICX/USDTPERPAs far as we know, there is a relation between BTC and the Market, if everything goes well and bullish, we can make a good profit on this coin, as I said before if everything goes well we can achieve two targets, if not we can think about having Short position
KEEP YOUR EYES ON BINANCE:BTCUSDTPERP
ICX next target 2.90 ICXUSDT took support on line and heading forward to Next resistance 2.90.
Note: This is not investment advice but personal perception.
Buy some ICX hereA positive divergence is observed
First target could be 2.95
Lev 10X is recommended...
Just an observationLet's she if it works. It's not realy strong, and if will break, there is another place in the bottom green area for secondary entrance for longs.
