ICON (ICX) | Get Ready The Sleeping Giant Can Wake Up Now

By moon333 | moon333 | 10 Dec 2020


 

Hey friends, hope you are well and welcome to the new update on ICX coin.

Long term harmonic moves:

Previously I shared two patterns with you which ICX has completed on monthly charts. One is in USD market and other one is with Bitcoin pair.

 

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ICX with USD pair Cyhper move:

The price Cypher pattern with USD pair has produced more than 74% rally sofar.

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ICX with BTC pair Shark move:

The Shark move with Bitcoin pair has been completed and now the priceline has entered in potential reversal zone for next big move.

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A new Gartley move:

Now on daily chart, the price action has completed a Gartley pattern and entered in the potential reversal zone.

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Formation of wedge pattern:

In the meanwhile on daily chart, the price action of ICON coin has formed falling wedge pattern and having strong support of this pattern and simple moving average as well.

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Conclusion:

As on the daily chart, the price action has formed Gartley pattern and has good support of wedge as well. If the priceline of ICX coin will breakout the resistance of wedge then it can work as a chain reaction and the bigger patterns on the monthly charts can be executed as per plan as well.

 

 

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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