ICON PROJECT - ICX/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	ICXUSD
ISIN:

ICON PROJECT - ICX/USD - 1H - Technical analysis published on 11/12/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

33%

My opinion

Bullish above 0.147588 USD

My targets

0.155240 USD (+3.22%)

0.170500 USD (+13.36%)

My analysis

We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on ICON PROJECT - ICX/USD. As long as you are above the support located at 0.147588 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.155240 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.170500 USD as an objective. Crossing it would then enable buyers to target 0.206700 USD. If the support 0.147588 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

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

Force

3.6

Comment on the analysis

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The ICON PROJECT - ICX/USD price is 0.150400 USD. On the day, this instrument lost -0.33% and was between 0.144300 USD and 0.160800 USD. This implies that the price is at +4.23% from its lowest and at -6.47% from its highest.

0.144300

0.160800

0.150400

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

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Technical

Technical analysis of this 1H chart of ICON PROJECT - ICX/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.138833	0.144060	0.147588	0.150400	0.155240	0.170500	0.206700
Change (%)	-7.69%	-4.22%	-1.87%	-	+3.22%	+13.36%	+37.43%
Change	-0.011567	-0.006340	-0.002812	-	+0.004840	+0.020100	+0.056300
Level	Intermediate	Intermediate	Major	-	Intermediate	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.133367	0.138633	0.144767	0.150033	0.156167	0.161433	0.167567
Camarilla	0.147765	0.148810	0.149855	0.150900	0.151945	0.152990	0.154035
Woodie	0.133800	0.138850	0.145200	0.150250	0.156600	0.161650	0.168000
Fibonacci	0.138633	0.142988	0.145679	0.150033	0.154388	0.157079	0.161433

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.096600	0.105200	0.122300	0.130900	0.148000	0.156600	0.173700
Camarilla	0.132333	0.134688	0.137044	0.139400	0.141756	0.144112	0.146468
Woodie	0.100850	0.107325	0.126550	0.133025	0.152250	0.158725	0.177950
Fibonacci	0.105200	0.115017	0.121083	0.130900	0.140717	0.146783	0.156600

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.080433	0.100267	0.114033	0.133867	0.147633	0.167467	0.181233
Camarilla	0.118560	0.121640	0.124720	0.127800	0.130880	0.133960	0.137040
Woodie	0.077400	0.098750	0.111000	0.132350	0.144600	0.165950	0.178200
Fibonacci	0.100267	0.113102	0.121032	0.133867	0.146702	0.154632	0.167467

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):	49.53
MACD (12,26,9):	-0.0006
Directional Movement:	-4.523293
AROON (14):	-57.142857
DEMA (21):	0.149595
Parabolic SAR (0,02-0,02-0,2):	0.156767
Elder Ray (13):	-0.000583
Super Trend (3,10):	0.142479
Zig ZAG (10):	0.150300
VORTEX (21):	0.9806
Stochastique (14,3,5):	25.25
TEMA (21):	0.148315
Williams %R (14):	-61.21
Chande Momentum Oscillator (20):	-0.002800
Repulse (5,40,3):	2.1662
ROCnROLL:	1
TRIX (15,9):	0.0075
Courbe Coppock:	5.40

MA7:	0.142014
MA20:	0.132740
MA50:	0.138812
MA100:	0.134523
MAexp7:	0.148962
MAexp20:	0.149915
MAexp50:	0.148809
MAexp100:	0.145102
Price / MA7:	+5.91%
Price / MA20:	+13.30%
Price / MA50:	+8.35%
Price / MA100:	+11.80%
Price / MAexp7:	+0.97%
Price / MAexp20:	+0.32%
Price / MAexp50:	+1.07%
Price / MAexp100:	+3.65%

Quotes : - Real time data - Cryptocompare

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

About author

Londinia AI

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