ICON - ICX/USD - 1H - Technical analysis published on 02/27/2025 (GMT)
- 87
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Bearish
Technical indicators
28%
39%
33%
My opinion
Bearish under 0.123867 USD
My targets
0.116300 USD (-1.52%)
0.114200 USD (-3.30%)
My analysis
There is a bearish trend on ICON PROJECT - ICX/USD both at the basic level and in the short term. A sale could be considered, so long as the price remains below 0.123867 USD. Each support break is a strong signal that the current trend will continue. The first bearish objective would be 0.116300 USD. Then the price could move towards 0.114200 USD. Then 0.112000 USD by extension. Be careful, a return to above the resistance 0.123867 USD would be a sign of a weakening of the trend and a possible rebound phase could then occur. In this case, you could keep away while waiting for a signal that the basic trend will resume. Trading against the trend is perhaps more risky.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
4.6
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
ICON PROJECT - ICX/USD rating 0.118100 USD. The price registered a decrease of -0.25% on the session with the lowest point at 0.117200 USD and the highest point at 0.122400 USD. The deviation from the price is +0.77% for the low point and -3.51% for the high point.0.117200
0.122400
0.118100
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ICON PROJECT - ICX/USD:
Technical
Technical analysis of ICON PROJECT - ICX/USD in 1H shows an overall bearish trend. The signals given by moving averages are at 78.57% bearish. This bearish trend shows slight signs of slowing down given the slightly bearish signals of short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
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 scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near resistance of triangle
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.112000 | 0.114200 | 0.116300 | 0.118100 | 0.124889 | 0.131933 | 0.135450 |
| Change (%) | -5.17% | -3.30% | -1.52% | - | +5.75% | +11.71% | +14.69% |
| Change | -0.006100 | -0.003900 | -0.001800 | - | +0.006789 | +0.013833 | +0.017350 |
| Level | Major | Minor | Major | - | Intermediate | Minor | 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 | 0.102867 | 0.108533 | 0.113467 | 0.119133 | 0.124067 | 0.129733 | 0.134667 |
| Camarilla | 0.115485 | 0.116457 | 0.117428 | 0.118400 | 0.119372 | 0.120343 | 0.121315 |
| Woodie | 0.102500 | 0.108350 | 0.113100 | 0.118950 | 0.123700 | 0.129550 | 0.134300 |
| Fibonacci | 0.108533 | 0.112583 | 0.115084 | 0.119133 | 0.123183 | 0.125684 | 0.129733 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.104967 | 0.112633 | 0.123867 | 0.131533 | 0.142767 | 0.150433 | 0.161667 |
| Camarilla | 0.129903 | 0.131635 | 0.133368 | 0.135100 | 0.136833 | 0.138565 | 0.140298 |
| Woodie | 0.106750 | 0.113525 | 0.125650 | 0.132425 | 0.144550 | 0.151325 | 0.163450 |
| Fibonacci | 0.112633 | 0.119853 | 0.124314 | 0.131533 | 0.138753 | 0.143214 | 0.150433 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.071133 | 0.108867 | 0.132733 | 0.170467 | 0.194333 | 0.232067 | 0.255933 |
| Camarilla | 0.139660 | 0.145307 | 0.150953 | 0.156600 | 0.162247 | 0.167893 | 0.173540 |
| Woodie | 0.064200 | 0.105400 | 0.125800 | 0.167000 | 0.187400 | 0.228600 | 0.249000 |
| Fibonacci | 0.108867 | 0.132398 | 0.146936 | 0.170467 | 0.193998 | 0.208536 | 0.232067 |
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): | 47.38 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -9.092691 | |
| AROON (14): | -42.857143 | |
| DEMA (21): | 0.120012 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.121702 | |
| Elder Ray (13): | -0.000997 | |
| Super Trend (3,10): | 0.116147 | |
| Zig ZAG (10): | 0.119400 | |
| VORTEX (21): | 0.9964 | |
| Stochastique (14,3,5): | 28.68 | |
| TEMA (21): | 0.119935 | |
| Williams %R (14): | -69.77 | |
| Chande Momentum Oscillator (20): | -0.002700 | |
| Repulse (5,40,3): | 2.0693 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0265 | |
| Courbe Coppock: | 0.91 |
| MA7: | 0.124800 | |
| MA20: | 0.127675 | |
| MA50: | 0.150552 | |
| MA100: | 0.179672 | |
| MAexp7: | 0.119615 | |
| MAexp20: | 0.119997 | |
| MAexp50: | 0.120372 | |
| MAexp100: | 0.122200 | |
| Price / MA7: | -5.37% | |
| Price / MA20: | -7.50% | |
| Price / MA50: | -21.56% | |
| Price / MA100: | -34.27% | |
| Price / MAexp7: | -1.27% | |
| Price / MAexp20: | -1.58% | |
| Price / MAexp50: | -1.89% | |
| Price / MAexp100: | -3.36% |
Quotes :
-
Real time data
-
CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ICON - ICX/USD - 1H