ICON PROJECT - ICX/USDT
ICON PROJECT - ICX/USDT
0.469500 USDT (-1.12%)
Real time data - Cryptocompare
Open: 0.474900
Change: -0.005300
Volume: 1,422,105
Low: 0.461900
High: 0.477100
High / Low range: 0.015200
Type: Cryptocurrencies
Ticker: ICXUSDT
ISIN:

ICON PROJECT - ICX/USDT - 1H - Technical analysis published on 09/16/2020

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  • Timeframe : 1H
  • - Analysis generated on 2020-09-16 15:46:31
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Court terme: Strongly bearish
De fond: Bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.510800 USDT
My targets
0.457626 USDT (-4.82%)
0.444880 USDT (-7.47%)
My analysis
ICON PROJECT - ICX/USDT is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.510800 USDT. The next support located at 0.457626 USDT is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.444880 USDT. Below this support, sellers could then target 0.414600 USDT.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
5

Complete this analysis for another time unit:
15 min. Daily Weekly
Attention: This analysis is for information purposes only and does not constitute personalized investment advice or an incentive 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 analysis. 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 0.480800 USDT. The price registered a decrease of -5.80% on the session and was between 0.470900 USDT and 0.510300 USDT. This implies that the price is at +2.10% from its lowest and at -5.78% from its highest.

0.470900
0.510300
0.480800

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of ICON PROJECT - ICX/USDT in 1H shows an overall bearish trend. The signals given by moving averages are 75.00% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

On the 18 technical indicators analysed, 5 are bullish, 4 are neutral and 9 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.414600 0.444880 0.457626 0.480800 0.510800 0.548400 0.645400
Change (%) -13.77% -7.47% -4.82% - +6.24% +14.06% +34.23%
Change -0.066200 -0.035920 -0.023174 - +0.030000 +0.067600 +0.164600
Level Minor Minor Major - Intermediate Major Major



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
Standard0.4537670.4813330.4958670.5234330.5379670.5655330.580067
Camarilla0.4988230.5026820.5065410.5104000.5142590.5181180.521978
Woodie0.4472500.4780750.4893500.5201750.5314500.5622750.573550
Fibonacci0.4813330.4974160.5073510.5234330.5395160.5494510.565533


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2897000.3391000.4162000.4656000.5427000.5921000.669200
Camarilla0.4585130.4701080.4817040.4933000.5048960.5164920.528088
Woodie0.3035500.3460250.4300500.4725250.5565500.5990250.683050
Fibonacci0.3391000.3874230.4172770.4656000.5139230.5437770.592100


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0537000.1531000.3751000.5819000.8039001.0107001.232700
Camarilla0.4791800.5184870.5577930.5971000.6364070.6757130.715020
Woodie-0.0461000.1569000.3827000.5857000.8115001.0145001.240300
Fibonacci0.1531000.3169020.4180980.5819000.7457020.8468981.010700

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): 38.97
MACD (12,26,9): -0.0096
Directional Movement: -14.248354
AROON (14): -78.571426
DEMA (21): 0.478721
Parabolic SAR (0,02-0,02-0,2): 0.493826
Elder Ray (13): -0.004384
Super Trend (3,10): 0.502587
Zig ZAG (10): 0.482000
VORTEX (21): 0.8414
Stochastique (14,3,5): 34.15
TEMA (21): 0.472362
Williams %R (14): -50.70
Chande Momentum Oscillator (20): -0.000400
Repulse (5,40,3): 0.3544
ROCnROLL: 2
TRIX (15,9): -0.2953
Courbe Coppock: 8.83
MA7: 0.483500
MA20: 0.500795
MA50: 0.486238
MA100: 0.419375
MAexp7: 0.481650
MAexp20: 0.489563
MAexp50: 0.499405
MAexp100: 0.494156
Price / MA7: -0.56%
Price / MA20: -3.99%
Price / MA50: -1.12%
Price / MA100: +14.65%
Price / MAexp7: -0.18%
Price / MAexp20: -1.79%
Price / MAexp50: -3.73%
Price / MAexp100: -2.70%

Quotes : 2020-09-16 15:46:13 - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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