Londinia Opportunities Analyses - 02/07/2025 (GMT) ICON PROJECT - ICX/USDT - 1H
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USDT
(-)
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Real time data - CoinMarketCap
| Type: | Cryptocurrencies |
| Ticker: | ICXUSDT |
| ISIN: |
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
67%
17%
My opinion
Bearish under 0.126068 USDT
My targets
0.116442 USDT (-3.97%)
0.105170 USDT (-13.27%)
My analysis
The bearish trend is currently very strong for ICON PROJECT - ICX/USDT. As long as the price remains below the resistance at 0.126068 USDT, you could try to take advantage of the bearish rally. The first bearish objective is located at 0.116442 USDT. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.105170 USDT as an objective. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.7
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.
Additional analysis
Quotes
The ICON PROJECT - ICX/USDT price is 0.121259 USDT. The price is lower by -0.60% since the last closing and was traded between 0.121259 USDT and 0.129627 USDT over the period. The price is currently at 0% from its lowest and -6.46% from its highest.0.121259
0.129627
0.121259
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:
New LOW record (5 years)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of ICON PROJECT - ICX/USDT in 1H shows a overall strongly bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal support
Type : Bullish
Timeframe : 1 hour
Near support of triangle
Type : Bullish
Timeframe : 1 hour
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bullish doji star
Type : Bullish
Timeframe : 1 hour
Downside gap
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S2
S1
R1
R2
R3
Price
| S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 0.105170 | 0.116442 | 0.121259 | 0.121654 | 0.126068 | 0.136441 |
| Change (%) | -13.27% | -3.97% | - | +0.33% | +3.97% | +12.52% |
| Change | -0.016089 | -0.004817 | - | +0.000395 | +0.004809 | +0.015182 |
| Level | Major | Major | - | Minor | 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 | 0.110961 | 0.116248 | 0.119120 | 0.124407 | 0.127279 | 0.132566 | 0.135438 |
| Camarilla | 0.119749 | 0.120497 | 0.121245 | 0.121993 | 0.122741 | 0.123489 | 0.124237 |
| Woodie | 0.109755 | 0.115644 | 0.117914 | 0.123803 | 0.126073 | 0.131962 | 0.134232 |
| Fibonacci | 0.116248 | 0.119364 | 0.121290 | 0.124407 | 0.127523 | 0.129449 | 0.132566 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.106441 | 0.125714 | 0.135955 | 0.155228 | 0.165469 | 0.184742 | 0.194983 |
| Camarilla | 0.138080 | 0.140785 | 0.143491 | 0.146196 | 0.148902 | 0.151607 | 0.154312 |
| Woodie | 0.101925 | 0.123456 | 0.131439 | 0.152970 | 0.160953 | 0.182484 | 0.190467 |
| Fibonacci | 0.125714 | 0.136988 | 0.143954 | 0.155228 | 0.166502 | 0.173468 | 0.184742 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.057951 | 0.103101 | 0.129907 | 0.175057 | 0.201863 | 0.247013 | 0.273819 |
| Camarilla | 0.136924 | 0.143520 | 0.150116 | 0.156712 | 0.163308 | 0.169904 | 0.176500 |
| Woodie | 0.048778 | 0.098515 | 0.120734 | 0.170471 | 0.192690 | 0.242427 | 0.264646 |
| Fibonacci | 0.103101 | 0.130589 | 0.147570 | 0.175057 | 0.202545 | 0.219526 | 0.247013 |
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): | 38.19 | |
| MACD (12,26,9): | -0.0003 | |
| Directional Movement: | -13.747844 | |
| AROON (14): | -57.142857 | |
| DEMA (21): | 0.124275 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.129470 | |
| Elder Ray (13): | -0.002719 | |
| Super Trend (3,10): | 0.126551 | |
| Zig ZAG (10): | 0.121775 | |
| VORTEX (21): | 0.9885 | |
| Stochastique (14,3,5): | 15.70 | |
| TEMA (21): | 0.124387 | |
| Williams %R (14): | -98.25 | |
| Chande Momentum Oscillator (20): | -0.002680 | |
| Repulse (5,40,3): | -2.7146 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0030 | |
| Courbe Coppock: | 1.63 |
| MA7: | 0.130279 | |
| MA20: | 0.151592 | |
| MA50: | 0.174155 | |
| MA100: | 0.182402 | |
| MAexp7: | 0.123932 | |
| MAexp20: | 0.124592 | |
| MAexp50: | 0.125506 | |
| MAexp100: | 0.128185 | |
| Price / MA7: | -6.92% | |
| Price / MA20: | -20.01% | |
| Price / MA50: | -30.37% | |
| Price / MA100: | -33.52% | |
| Price / MAexp7: | -2.16% | |
| Price / MAexp20: | -2.68% | |
| Price / MAexp50: | -3.38% | |
| Price / MAexp100: | -5.40% |
Quotes :
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Real time data
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CoinMarketCap