ICON - ICX/USD - 1H - Technical analysis published on 03/03/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 0.124933 USD
My targets
0.132333 USD (+4.12%)
0.135091 USD (+6.29%)
My analysis
The bullish trend is currently very strong on ICON - ICX/USD. As long as the price remains above the support at 0.124933 USD, you could try to benefit from the boom. The first bullish objective is located at 0.132333 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.135091 USD as an objective. Crossing it would then enable buyers to target 0.139200 USD. 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
8.2
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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 - ICX/USD rating 0.127100 USD. On the day, this instrument gained +3.76% with the lowest point at 0.121300 USD and the highest point at 0.130400 USD. The deviation from the price is +4.78% for the low point and -2.53% for the high point.0.121300
0.130400
0.127100
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
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:
Technical
Technical analysis of ICON - ICX/USD in 1H 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 13 technical indicators on 18 studied are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.116300 | 0.119708 | 0.124933 | 0.127100 | 0.135091 | 0.139200 | 0.163556 |
| Change (%) | -8.50% | -5.82% | -1.70% | - | +6.29% | +9.52% | +28.68% |
| Change | -0.010800 | -0.007392 | -0.002167 | - | +0.007991 | +0.012100 | +0.036456 |
| Level | Major | Minor | Intermediate | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.102167 | 0.109033 | 0.115767 | 0.122633 | 0.129367 | 0.136233 | 0.142967 |
| Camarilla | 0.118760 | 0.120007 | 0.121253 | 0.122500 | 0.123747 | 0.124993 | 0.126240 |
| Woodie | 0.102100 | 0.109000 | 0.115700 | 0.122600 | 0.129300 | 0.136200 | 0.142900 |
| Fibonacci | 0.109033 | 0.114229 | 0.117438 | 0.122633 | 0.127829 | 0.131038 | 0.136233 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.081733 | 0.095967 | 0.107033 | 0.121267 | 0.132333 | 0.146567 | 0.157633 |
| Camarilla | 0.111143 | 0.113462 | 0.115781 | 0.118100 | 0.120419 | 0.122738 | 0.125058 |
| Woodie | 0.080150 | 0.095175 | 0.105450 | 0.120475 | 0.130750 | 0.145775 | 0.156050 |
| Fibonacci | 0.095967 | 0.105631 | 0.111602 | 0.121267 | 0.130931 | 0.136902 | 0.146567 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.027267 | 0.063833 | 0.091067 | 0.127633 | 0.154867 | 0.191433 | 0.218667 |
| Camarilla | 0.100755 | 0.106603 | 0.112452 | 0.118300 | 0.124148 | 0.129997 | 0.135845 |
| Woodie | 0.022600 | 0.061500 | 0.086400 | 0.125300 | 0.150200 | 0.189100 | 0.214000 |
| Fibonacci | 0.063833 | 0.088205 | 0.103262 | 0.127633 | 0.152005 | 0.167062 | 0.191433 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 57.48 | |
| MACD (12,26,9): | 0.0018 | |
| Directional Movement: | 7.542250 | |
| AROON (14): | 21.428572 | |
| DEMA (21): | 0.124670 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.121210 | |
| Elder Ray (13): | 0.000056 | |
| Super Trend (3,10): | 0.112440 | |
| Zig ZAG (10): | 0.125600 | |
| VORTEX (21): | 1.0365 | |
| Stochastique (14,3,5): | 62.25 | |
| TEMA (21): | 0.125662 | |
| Williams %R (14): | -2.76 | |
| Chande Momentum Oscillator (20): | 0.006700 | |
| Repulse (5,40,3): | 6.8563 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1942 | |
| Courbe Coppock: | 10.33 |
| MA7: | 0.120529 | |
| MA20: | 0.126545 | |
| MA50: | 0.144310 | |
| MA100: | 0.177504 | |
| MAexp7: | 0.124788 | |
| MAexp20: | 0.122374 | |
| MAexp50: | 0.120214 | |
| MAexp100: | 0.119812 | |
| Price / MA7: | +5.45% | |
| Price / MA20: | +0.44% | |
| Price / MA50: | -11.93% | |
| Price / MA100: | -28.40% | |
| Price / MAexp7: | +1.85% | |
| Price / MAexp20: | +3.86% | |
| Price / MAexp50: | +5.73% | |
| Price / MAexp100: | +6.08% |
Quotes :
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Real time data
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CoinMarketCap
This member declared not having a position on this financial instrument or a related financial instrument.
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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…
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