ICON PROJECT - ICX/USD - 1H - Technical analysis published on 12/24/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
0%
33%
My opinion
Bullish above 0.170544 USD
My targets
0.181267 USD (+0.87%)
0.193567 USD (+7.72%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ICON PROJECT - ICX/USD as long as the price remains well above 0.170544 USD. The buyers' bullish objective is set at 0.181267 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.193567 USD. If there is any crossing, the next objective would be the resistance located at 0.199667 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ICON PROJECT - ICX/USD rating 0.179700 USD. On the day, this instrument lost -0.17% and was between 0.176100 USD and 0.181000 USD. This implies that the price is at +2.04% from its lowest and at -0.72% from its highest.0.176100
0.181000
0.179700
Here is a more detailed summary of the historical variations registered by ICON PROJECT - ICX/USD:
Technical
Technical analysis of this 1H chart of ICON PROJECT - ICX/USD indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.146200 | 0.153300 | 0.170544 | 0.179700 | 0.199667 | 0.214300 | 0.226000 |
| Change (%) | -18.64% | -14.69% | -5.10% | - | +11.11% | +19.25% | +25.77% |
| Change | -0.033500 | -0.026400 | -0.009156 | - | +0.019967 | +0.034600 | +0.046300 |
| Level | Minor | Major | Major | - | Minor | 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 | 0.136100 | 0.147800 | 0.163900 | 0.175600 | 0.191700 | 0.203400 | 0.219500 |
| Camarilla | 0.172355 | 0.174903 | 0.177452 | 0.180000 | 0.182548 | 0.185097 | 0.187645 |
| Woodie | 0.138300 | 0.148900 | 0.166100 | 0.176700 | 0.193900 | 0.204500 | 0.221700 |
| Fibonacci | 0.147800 | 0.158420 | 0.164980 | 0.175600 | 0.186220 | 0.192780 | 0.203400 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.040733 | 0.093467 | 0.128533 | 0.181267 | 0.216333 | 0.269067 | 0.304133 |
| Camarilla | 0.139455 | 0.147503 | 0.155552 | 0.163600 | 0.171648 | 0.179697 | 0.187745 |
| Woodie | 0.031900 | 0.089050 | 0.119700 | 0.176850 | 0.207500 | 0.264650 | 0.295300 |
| Fibonacci | 0.093467 | 0.127006 | 0.147727 | 0.181267 | 0.214806 | 0.235527 | 0.269067 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.032033 | 0.073467 | 0.152133 | 0.193567 | 0.272233 | 0.313667 | 0.392333 |
| Camarilla | 0.197773 | 0.208782 | 0.219791 | 0.230800 | 0.241809 | 0.252818 | 0.263828 |
| Woodie | 0.050650 | 0.082775 | 0.170750 | 0.202875 | 0.290850 | 0.322975 | 0.410950 |
| Fibonacci | 0.073467 | 0.119345 | 0.147689 | 0.193567 | 0.239445 | 0.267789 | 0.313667 |
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): | 61.84 | |
| MACD (12,26,9): | 0.0022 | |
| Directional Movement: | 10.659607 | |
| AROON (14): | 35.714286 | |
| DEMA (21): | 0.180195 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.186431 | |
| Elder Ray (13): | 0.001870 | |
| Super Trend (3,10): | 0.170224 | |
| Zig ZAG (10): | 0.180800 | |
| VORTEX (21): | 1.0934 | |
| Stochastique (14,3,5): | 56.10 | |
| TEMA (21): | 0.180682 | |
| Williams %R (14): | -48.57 | |
| Chande Momentum Oscillator (20): | 0.006800 | |
| Repulse (5,40,3): | 0.2062 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1897 | |
| Courbe Coppock: | 6.49 |
| MA7: | 0.172643 | |
| MA20: | 0.215230 | |
| MA50: | 0.195838 | |
| MA100: | 0.167158 | |
| MAexp7: | 0.179109 | |
| MAexp20: | 0.177229 | |
| MAexp50: | 0.174104 | |
| MAexp100: | 0.175107 | |
| Price / MA7: | +4.09% | |
| Price / MA20: | -16.51% | |
| Price / MA50: | -8.24% | |
| Price / MA100: | +7.50% | |
| Price / MAexp7: | +0.33% | |
| Price / MAexp20: | +1.39% | |
| Price / MAexp50: | +3.21% | |
| Price / MAexp100: | +2.62% |
Quotes :
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Real time data
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This member declared not having a position on this financial instrument or a related financial instrument.
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