ICON PROJECT - ICX/USDT - 15 min. - Technical analysis published on 02/19/2021 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 2.13 USDT
My targets
2.46 USDT (+7.72%)
2.66 USDT (+16.49%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ICON PROJECT - ICX/USDT as long as the price remains well above 2.13 USDT. The buyers” bullish objective is set at 2.46 USDT. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2.66 USDT. If there is any crossing, the next objective would be the resistance located at 2.98 USDT. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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This analysis was given by wixesnoss. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ICON PROJECT - ICX/USDT price is 2.28 USDT. The price has increased by +0.89% since the last closing and was traded between 2.10 USDT and 2.43 USDT over the period. The price is currently at +8.57% from its lowest and -6.17% from its highest.2.10
2.43
2.28
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this 15 min. chart of ICON PROJECT - ICX/USDT indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 14 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 15 minutes
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : 15 minutes
Aroon indicator bullish trend
Type : Bullish
Timeframe : 15 minutes
Momentum indicator is back over 0
Type : Bullish
Timeframe : 15 minutes
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 15 minutes
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
Resistance of channel is broken
Type : Bullish
Timeframe : 15 minutes
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 1.46 | 1.69 | 1.98 | 2.28 |
| Change (%) | -35.96% | -25.88% | -13.16% | - |
| Change | -0.82 | -0.59 | -0.30 | - |
| Level | Minor | Intermediate | 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 | 1.41 | 1.61 | 1.93 | 2.13 | 2.46 | 2.66 | 2.98 |
| Camarilla | 2.11 | 2.16 | 2.21 | 2.26 | 2.30 | 2.35 | 2.40 |
| Woodie | 1.47 | 1.64 | 1.99 | 2.16 | 2.52 | 2.69 | 3.04 |
| Fibonacci | 1.61 | 1.81 | 1.93 | 2.13 | 2.33 | 2.46 | 2.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.09 | 0.35 | 0.99 | 1.42 | 2.06 | 2.49 | 3.13 |
| Camarilla | 1.33 | 1.43 | 1.53 | 1.63 | 1.72 | 1.82 | 1.92 |
| Woodie | 0.02 | 0.40 | 1.09 | 1.47 | 2.16 | 2.54 | 3.23 |
| Fibonacci | 0.35 | 0.76 | 1.01 | 1.42 | 1.83 | 2.08 | 2.49 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.04 | 0.20 | 0.46 | 0.69 | 0.96 | 1.19 | 1.46 |
| Camarilla | 0.59 | 0.64 | 0.68 | 0.73 | 0.77 | 0.82 | 0.86 |
| Woodie | -0.02 | 0.20 | 0.48 | 0.70 | 0.98 | 1.20 | 1.47 |
| Fibonacci | 0.20 | 0.39 | 0.50 | 0.69 | 0.88 | 1.00 | 1.19 |
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): | 58.13 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 7.01 | |
| AROON (14): | -35.72 | |
| DEMA (21): | 2.24 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.27 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 2.33 | |
| Zig ZAG (10): | 2.27 | |
| VORTEX (21): | 0.9800 | |
| Stochastique (14,3,5): | 75.33 | |
| TEMA (21): | 2.22 | |
| Williams %R (14): | -6.14 | |
| Chande Momentum Oscillator (20): | 0.02 | |
| Repulse (5,40,3): | 1.3400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1100 | |
| Courbe Coppock: | 0.69 |
| MA7: | 1.87 | |
| MA20: | 1.28 | |
| MA50: | 0.91 | |
| MA100: | 0.66 | |
| MAexp7: | 2.24 | |
| MAexp20: | 2.21 | |
| MAexp50: | 2.15 | |
| MAexp100: | 2.07 | |
| Price / MA7: | +21.93% | |
| Price / MA20: | +78.13% | |
| Price / MA50: | +150.55% | |
| Price / MA100: | +245.45% | |
| Price / MAexp7: | +1.79% | |
| Price / MAexp20: | +3.17% | |
| Price / MAexp50: | +6.05% | |
| Price / MAexp100: | +10.14% |
Quotes :
2021-02-19 08:54:01
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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