ICON - ICX/USDT - 1H - Technical analysis published on 11/19/2020 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 0.349300 USDT
My targets
0.335600 USDT (-3.34%)
0.311740 USDT (-10.21%)
My analysis
In a bearish trend, the price of ICON PROJECT - ICX/USDT tries to inflate a little with a slight short-term rebound. At this stage, no trend reversal is in sight. Globally, sellers have the upper hand. Traders may allow themselves to trade short positions (for sale) as long as the price remains below the resistance located at 0.349300 USDT. A bearish break in the support located at 0.335600 USDT would revive the bearish momentum and fuel the basic trend. Then the price could move towards 0.311740 USDT. Then 0.281900 USDT by extension. It would be safer to wait for a bearish break in the support located at 0.335600 USDT before allowing yourself to re trade short positions (for sale) on ICON PROJECT - ICX/USDT. PS: if there is a bullish break in the resistance located at 0.349300 USDT we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.
Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
0
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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
ICON PROJECT - ICX/USDT rating 0.347200 USDT. The price registered an increase of +0.55% on the session and was traded between 0.334700 USDT and 0.347200 USDT over the period. The price is currently at +3.73% from its lowest and 0% from its highest.0.334700
0.347200
0.347200
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of ICON PROJECT - ICX/USDT in 1H shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently given by short-term moving averages show a possible weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Horizontal resistance is broken
Type : Bullish
Timeframe : 1 hour
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 | 0.281900 | 0.311740 | 0.335600 | 0.347200 | 0.349300 | 0.357077 | 0.362043 |
| Change (%) | -18.81% | -10.21% | -3.34% | - | +0.60% | +2.84% | +4.28% |
| Change | -0.065300 | -0.035460 | -0.011600 | - | +0.002100 | +0.009877 | +0.014843 |
| Level | Intermediate | Intermediate | Intermediate | - | Intermediate | Intermediate | Intermediate |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.307800 | 0.321700 | 0.333500 | 0.347400 | 0.359200 | 0.373100 | 0.384900 |
| Camarilla | 0.338233 | 0.340588 | 0.342944 | 0.345300 | 0.347656 | 0.350012 | 0.352368 |
| Woodie | 0.306750 | 0.321175 | 0.332450 | 0.346875 | 0.358150 | 0.372575 | 0.383850 |
| Fibonacci | 0.321700 | 0.331517 | 0.337583 | 0.347400 | 0.357217 | 0.363283 | 0.373100 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.264300 | 0.299100 | 0.325700 | 0.360500 | 0.387100 | 0.421900 | 0.448500 |
| Camarilla | 0.335415 | 0.341043 | 0.346672 | 0.352300 | 0.357928 | 0.363557 | 0.369185 |
| Woodie | 0.260200 | 0.297050 | 0.321600 | 0.358450 | 0.383000 | 0.419850 | 0.444400 |
| Fibonacci | 0.299100 | 0.322555 | 0.337045 | 0.360500 | 0.383955 | 0.398445 | 0.421900 |
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 the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 53.32 | |
| MACD (12,26,9): | -0.0012 | |
| Directional Movement: | 0.577618 | |
| AROON (14): | 42.857140 | |
| DEMA (21): | 0.340170 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.335366 | |
| Elder Ray (13): | 0.002454 | |
| Super Trend (3,10): | 0.347296 | |
| Zig ZAG (10): | 0.345100 | |
| VORTEX (21): | 1.0449 | |
| Stochastique (14,3,5): | 82.47 | |
| TEMA (21): | 0.342390 | |
| Williams %R (14): | -3.45 | |
| Chande Momentum Oscillator (20): | 0.003700 | |
| Repulse (5,40,3): | 1.0407 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.0802 | |
| Courbe Coppock: | 0.66 |
| MA7: | 0.352414 | |
| MA20: | 0.343510 | |
| MA50: | 0.366726 | |
| MA100: | 0.431410 | |
| MAexp7: | 0.343071 | |
| MAexp20: | 0.342204 | |
| MAexp50: | 0.345458 | |
| MAexp100: | 0.348938 | |
| Price / MA7: | -1.48% | |
| Price / MA20: | +1.07% | |
| Price / MA50: | -5.32% | |
| Price / MA100: | -19.52% | |
| Price / MAexp7: | +1.20% | |
| Price / MAexp20: | +1.46% | |
| Price / MAexp50: | +0.50% | |
| Price / MAexp100: | -0.50% |
Quotes :
2020-11-19 16:43:18
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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