ICON PROJECT - ICX/USDT - 1H - Technical analysis published on 11/11/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.362288 USDT
My targets
0.372200 USDT (+1.94%)
0.381100 USDT (+4.38%)
My analysis
ICON PROJECT - ICX/USDT is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.362288 USDT. The next resistance located at 0.372200 USDT is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.381100 USDT. After this resistance, buyers could then target 0.414911 USDT. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ICON PROJECT - ICX/USDT price is 0.365100 USDT. The price has increased by +1.87% since the last closing with the lowest point at 0.357100 USDT and the highest point at 0.368100 USDT. The deviation from the price is +2.24% for the low point and -0.81% for the high point.0.357100
0.368100
0.365100
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ICON PROJECT - ICX/USDT:
Technical
Technical analysis of ICON PROJECT - ICX/USDT in 1H shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 12 technical indicators on 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.314840 | 0.328611 | 0.362288 | 0.365100 | 0.372200 | 0.381100 | 0.414911 |
| Change (%) | -13.77% | -9.99% | -0.77% | - | +1.94% | +4.38% | +13.64% |
| Change | -0.050260 | -0.036489 | -0.002812 | - | +0.007100 | +0.016000 | +0.049811 |
| Level | Minor | Intermediate | Major | - | Minor | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.326467 | 0.334333 | 0.346367 | 0.354233 | 0.366267 | 0.374133 | 0.386167 |
| Camarilla | 0.352928 | 0.354752 | 0.356576 | 0.358400 | 0.360224 | 0.362048 | 0.363873 |
| Woodie | 0.328550 | 0.335375 | 0.348450 | 0.355275 | 0.368350 | 0.375175 | 0.388250 |
| Fibonacci | 0.334333 | 0.341935 | 0.346632 | 0.354233 | 0.361835 | 0.366532 | 0.374133 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.204800 | 0.249100 | 0.292500 | 0.336800 | 0.380200 | 0.424500 | 0.467900 |
| Camarilla | 0.311783 | 0.319822 | 0.327861 | 0.335900 | 0.343939 | 0.351978 | 0.360018 |
| Woodie | 0.204350 | 0.248875 | 0.292050 | 0.336575 | 0.379750 | 0.424275 | 0.467450 |
| Fibonacci | 0.249100 | 0.282601 | 0.303299 | 0.336800 | 0.370301 | 0.390999 | 0.424500 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.115767 | 0.214233 | 0.267967 | 0.366433 | 0.420167 | 0.518633 | 0.572367 |
| Camarilla | 0.279845 | 0.293797 | 0.307748 | 0.321700 | 0.335652 | 0.349603 | 0.363555 |
| Woodie | 0.093400 | 0.203050 | 0.245600 | 0.355250 | 0.397800 | 0.507450 | 0.550000 |
| Fibonacci | 0.214233 | 0.272374 | 0.308293 | 0.366433 | 0.424574 | 0.460493 | 0.518633 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.59 | |
| MACD (12,26,9): | 0.0027 | |
| Directional Movement: | 7.182285 | |
| AROON (14): | 50.000000 | |
| DEMA (21): | 0.364572 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.367131 | |
| Elder Ray (13): | 0.001685 | |
| Super Trend (3,10): | 0.354919 | |
| Zig ZAG (10): | 0.364300 | |
| VORTEX (21): | 1.0860 | |
| Stochastique (14,3,5): | 65.60 | |
| TEMA (21): | 0.365205 | |
| Williams %R (14): | -28.18 | |
| Chande Momentum Oscillator (20): | 0.004300 | |
| Repulse (5,40,3): | 0.7660 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1136 | |
| Courbe Coppock: | 3.79 |
| MA7: | 0.347600 | |
| MA20: | 0.344435 | |
| MA50: | 0.375830 | |
| MA100: | 0.435638 | |
| MAexp7: | 0.363683 | |
| MAexp20: | 0.360982 | |
| MAexp50: | 0.356453 | |
| MAexp100: | 0.351175 | |
| Price / MA7: | +5.03% | |
| Price / MA20: | +6.00% | |
| Price / MA50: | -2.86% | |
| Price / MA100: | -16.19% | |
| Price / MAexp7: | +0.39% | |
| Price / MAexp20: | +1.14% | |
| Price / MAexp50: | +2.43% | |
| Price / MAexp100: | +3.97% |
Quotes :
2020-11-11 11:51:10
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Real time data
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Cryptocompare
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