Last week closed as a Doji... This wouldn't be much taken in isolation but when we consider what the rest of the Altcoins market is doing it can become a pretty strong signal; When considered in combination with the other signals I am about to share.
How are you feeling today?
Let's get started...
➖ ICON (ICXBTC) hit a new All-Time Low last week and this is...
ICXBTC (ICON) has been in a major downtrend for many years now... But it is all coming to an end.
This pair has been dropping since January 2018 and it seems like this is it.
The last four candles, since mid-December, are showing some signs of a potential reversal.
It still needs to develop.
It still needs to take place...
But if prices move and close above...
ICON (ICXBTC) just hit a 10 months high. This ALTSBTC pair recovered months of correction in just a few days.
So far we have 130% growth within a week.
✔️ We have the same lower low we looked at in dozen of charts.
✔️ We have the same bullish divergence with the MACD and RSI.
✔️ We have the same cup pattern as the bottom low...
This is followed by strong...
◳◱ Hey crypto lovers, we've identified bullish signals on the $ICX / $BTC chart through the detection of both a Bollinger Band and a Resistance Breakout. The Bollinger Band indicates a potential bullish trend as the price has moved outside of the upper band, while the Resistance Breakout confirms this trend by showing the price breaking above a key resistance...
BTC dominance over ICX should change.... Very soon, if not now. But it also depends on iconloop actions. Hopefully they are gonna go through with BTP soon
Such amazing project shouldn't be where it is. And it is here because of lack of marketing, lack of VC (they are probably never gonna come). Still, they are always building, ecosystem constantly grows (craftnetwork, optimusdefi, balanceddao, ommfinance, gbet, wonderland bridge happened).... In my opinion this the bottom against BTC pair. Long no matter what.
The coin is trading under the support zone of 1500, from this zone the price was bought off several times. It does not mean that it will be so this time, just observations from the chart.
The price is just testing that zone as it has turned into resistance.
1D
The price has been standing like many coins in a sidewall, at this point there is a breakdown of...
Here u see the ICXBTC chart with resistances and big supports marked. This coin has been in the accumulation phase for ages creating Ws along the way. It will break out most likely in 2023, and when it does that it can start its parabolic rise up to its ATH marked in the pic. If by then btc reaches 100k to 200k this would mean that ICXUSDT pair will reach 90-180...
Here u see the ICXBTC chart with resistances and big supports. This coin has been in the accumulation phase for ages creating Ws along the way. One it will break out most likely in 2023, and when it does that it can starts its parabolic rise up to its ATH marked in the pic. If by then btc reaches 100k to 200k this would means that ICXUSDT pair will reach 90-180usd...
![ICXBTC: $ICX/#BTC [#ICON]: BBand_Breakout Resistance_Breakout](https://s3.tradingview.com/d/DtRAbHVd_mid.png "$ICX/#BTC [#ICON]: BBand_Breakout Resistance_Breakout")
