Icon (ICX) Weekly Chart | Falling Wedge | TargetsLet's compare the left side to the right side of the ICXBTC (Icon) chart... What do you see?
We have, to the left first, a falling wedge that was followed by a 390%+ bullish wave.
We have, to the right, a falling wedge that is likely to be followed by another bullish wave...
This is how the markets work.
They move in cycles/waves.
It goes up and down, up and down...
It is going DOWN...
It is time to go UP!
Namaste.
ICXBTC trade ideas
$ICX, Breaking from Descending trendline w/ UCTS 1D Buy signal $ICX
Breaking from Descending trendline w/ UCTS 1D Buy signal (50% from W shapped bottom)
Willing to see if its able to cross over ~2700 sats level or ~2200 retest/flip as potential entry
From current levels to 2020 ATH ~150% room
Volume slowly starting to flow in aswell..
#ICX
ICON (ICXBTC) Ready for 3x MoveICON is a good coin and the chart looks perfect for an upward move. There is a Bat pattern on the chart which is a bullish pattern and also ICX is at the horizontal support area. ICX will give 50-300% returns in the next 3-6 months and a must hold coin for the altseason.
Buy Zone: 1850-1920
Targets: 2200-2550-2960-3480-3880-4600-5500-6300-7500
ICXBTC forming bullish Shark | Upto 655% big move aheadHey friends, hope you are well and welcome to the new update on ICON (ICX) coin with Bitcoin pair.
On a long-term monthly chart, the price action of ICX is completing the final leg of bullish harmonic Shark pattern and soon it will be entered in a potential reversal zone.
Buying And Sell Targets:
The buying and sell targets according to Fibonacci sequence of harmonic Shark pattern should be:
Potential reversal or buying zone: 0.00001981 to 0.00000742 btc
Fibonacci projection or sell zone: 0.00003102 to 0.00005609 btc
Stop Loss:
The potential reversal zone area that is up to 0.00000742 btc can be used as stop loss in case of complete candlestick closes below this level.
Possible profit and loss ratio:
As per the above targets this trade has the profit possibility of 655% and as per the above-mentioned stop loss, the loss possibility is 62%.
Note: The idea above is for educational purpose only, do not take it as investment advice.