💎 Paradisers, it appears that #ICXUSDT has formed an inverse head and shoulders pattern, which often signifies a potential bullish reversal.
💎Should #ICXUSDT successfully breach the resistance level, it would confirm the inverse head and shoulders pattern, potentially leading to a bullish movement.
💎In the event of a pullback, we may anticipate a bounce from the...
ICX/USDT Scalp Analysis:
Price Update: Strong Bounce from Support Level $0.24
Hey traders!
ICX/USDT has shown resilience with a strong bounce back from the support level at $0.24.
I'm looking to add some long positions around this support, anticipating a potential 10%-20% target gain.
Target Range: 10%-20%
Timeframe: 2-15 Days
Stop Loss: 4H Candle Close Below...
- IHS on Higher Time Frame is forming Inverse Head & Shoulder Pattern.
- ICX need to stay above on $0.43 on 4 HR Candle closing time.
- Target = Height of IHS.
Other comments on charts.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5885). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. ICXUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
