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ICON - ICX/USD
ICON - ICX/USD
- USD (-)
- Real time data - CoinMarketCap
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: ICXUSD
ISIN:

ICON - ICX/USD - 1H - Technical analysis published on 09/27/2024 (GMT)

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  • 09/27/2024 - 11:50
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  • Timeframe : 1H
  • - Analysis generated on 09/27/2024 - 11:50
  • Status : TARGET REACHED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
22%
17%
61%
My opinion
Bullish above 0.152180 USD
My targets
0.157200 USD (+0.96%)
0.170500 USD (+9.51%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.152180 USD remains possible. It is advisable to trade ICON PROJECT - ICX/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.152180 USD. The next bullish objective for buyers is set at 0.157200 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.170500 USD. If there is any crossing, the next objective would be the resistance located at 0.217167 USD. PS: if there is a bearish break in the support located at 0.152180 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
2.7

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.

Londinia
This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

ICON PROJECT - ICX/USD rating 0.155700 USD. The price is lower by -0.13% since the last closing with the lowest point at 0.153800 USD and the highest point at 0.158300 USD. The deviation from the price is +1.24% for the low point and -1.64% for the high point.

0.153800
0.158300
0.155700

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ICON PROJECT - ICX/USD:
Created with Raphaël 2.3.0-100-50050January 1st3 years1 year6 months1 month5 daysToday
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of ICON PROJECT - ICX/USD indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour


Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : 1 hour



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.143820 0.147588 0.152180 0.155700 0.157200 0.170500 0.217167
Change (%) -7.63% -5.21% -2.26% - +0.96% +9.51% +39.48%
Change -0.011880 -0.008112 -0.003520 - +0.001500 +0.014800 +0.061467
Level Minor Major Intermediate - Intermediate Minor Minor



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1408330.1443670.1501330.1536670.1594330.1629670.168733
Camarilla0.1533430.1541950.1550480.1559000.1567530.1576050.158458
Woodie0.1419500.1449250.1512500.1542250.1605500.1635250.169850
Fibonacci0.1443670.1479190.1501140.1536670.1572190.1594140.162967


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0939670.1063330.1274670.1398330.1609670.1733330.194467
Camarilla0.1393880.1424580.1455290.1486000.1516710.1547420.157813
Woodie0.0983500.1085250.1318500.1420250.1653500.1755250.198850
Fibonacci0.1063330.1191300.1270360.1398330.1526300.1605360.173333


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0756000.0975000.1108000.1327000.1460000.1679000.181200
Camarilla0.1144200.1176470.1208730.1241000.1273270.1305530.133780
Woodie0.0713000.0953500.1065000.1305500.1417000.1657500.176900
Fibonacci0.0975000.1109460.1192540.1327000.1461460.1544540.167900

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 2.3.0Neutral11
Moving averages
Created with Raphaël 2.3.0Buy20

RSI (14): 51.75
MACD (12,26,9): 0.0008
Directional Movement: -1.106778
AROON (14): 21.428571
DEMA (21): 0.156937
Parabolic SAR (0,02-0,02-0,2): 0.155300
Elder Ray (13): 0.000203
Super Trend (3,10): 0.153228
Zig ZAG (10): 0.155600
VORTEX (21): 1.0541
Stochastique (14,3,5): 51.11
TEMA (21): 0.156785
Williams %R (14): -60.00
Chande Momentum Oscillator (20): -0.000200
Repulse (5,40,3): -2.7835
ROCnROLL: -1
TRIX (15,9): 0.0937
Courbe Coppock: 1.26
MA7: 0.150329
MA20: 0.136295
MA50: 0.132392
MA100: 0.141673
MAexp7: 0.156288
MAexp20: 0.155755
MAexp50: 0.153903
MAexp100: 0.151016
Price / MA7: +3.57%
Price / MA20: +14.24%
Price / MA50: +17.61%
Price / MA100: +9.90%
Price / MAexp7: -0.38%
Price / MAexp20: -0.04%
Price / MAexp50: +1.17%
Price / MAexp100: +3.10%

Quotes : 09/27/2024 - 11:49 - Real time data - Cryptocompare

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

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Londinia
Londinia AI

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