ICON - ICX/USDT
ICON - ICX/USDT
3.86 USDT (+11.88%)
03/31/2025 - 19:59 Preopen Real time data - CoinMarketCap
Open: 3.25
Change: +0.41
Volume: 935,070
Low: 3.19
High: 3.89
High / Low range: 0.70
Type: Cryptocurrencies
Ticker: ICXUSDT
ISIN:

ICON - ICX/USDT - Daily - Technical analysis published on 04/09/2021 (GMT)

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  • 04/09/2021 - 13:13
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  • Timeframe : Daily
  • - Analysis generated on 04/09/2021 - 13:13
  • Status : INVALID

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 2.27 USDT
My targets
3.04 USDT (+15.59%)
My analysis
The bullish trend is currently very strong on ICON PROJECT - ICX/USDT. As long as the price remains above the support at 2.27 USDT, you could try to benefit from the boom. The first bullish objective is located at 3.04 USDT. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ICON PROJECT - ICX/USDT price is 2.63 USDT. On the day, this instrument gained +6.05% and was traded between 2.48 USDT and 2.67 USDT over the period. The price is currently at +6.05% from its lowest and -1.50% from its highest.

2.48
2.67
2.63

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.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
Created with Raphaël 2.3.002505007501,000January 1st3 years1 year6 months1 month5 daysToday

Technical


Technical analysis of ICON PROJECT - ICX/USDT in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 0.95 1.81 2.27 2.63 3.04
Change (%) -63.88% -31.18% -13.69% - +15.59%
Change -1.68 -0.82 -0.36 - +0.41
Level Intermediate Intermediate Major - Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2.102.202.342.442.582.682.82
Camarilla2.412.442.462.482.502.522.55
Woodie2.122.212.362.452.602.692.84
Fibonacci2.202.292.352.442.532.592.68


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.031.602.042.613.053.624.06
Camarilla2.192.292.382.472.562.662.75
Woodie0.961.571.972.582.983.593.99
Fibonacci1.601.992.232.613.003.243.62


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.100.741.902.543.704.345.50
Camarilla2.562.722.893.053.223.383.55
Woodie0.350.872.152.673.954.475.75
Fibonacci0.741.431.862.543.233.664.34

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Created with Raphaël 2.3.0Buy10
Moving averages
Created with Raphaël 2.3.0Buy26

RSI (14): 59.81
MACD (12,26,9): 0.1800
Directional Movement: 9.80
AROON (14): 35.71
DEMA (21): 2.63
Parabolic SAR (0,02-0,02-0,2): 3.10
Elder Ray (13): 0.09
Super Trend (3,10): 2.02
Zig ZAG (10): 2.63
VORTEX (21): 1.1100
Stochastique (14,3,5): 47.38
TEMA (21): 2.64
Williams %R (14): -46.19
Chande Momentum Oscillator (20): 0.29
Repulse (5,40,3): 6.6400
ROCnROLL: 1
TRIX (15,9): 1.3900
Courbe Coppock: 53.83
MA7: 2.50
MA20: 2.36
MA50: 2.03
MA100: 1.45
MAexp7: 2.52
MAexp20: 2.39
MAexp50: 2.04
MAexp100: 1.62
Price / MA7: +5.20%
Price / MA20: +11.44%
Price / MA50: +29.56%
Price / MA100: +81.38%
Price / MAexp7: +4.37%
Price / MAexp20: +10.04%
Price / MAexp50: +28.92%
Price / MAexp100: +62.35%

Quotes : 04/09/2021 - 13:12 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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