binance icx usdt | BTCC Knowledge

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Is ICX/USDT in a descending channel?

ICX/USDT It is in a descending channel. The internal uptrend line has broken down. The targets are clear in the picture. We have the risk of falling. ICX is currently moving in the $0.26-0.32 zone since mid-June and a break out of this zone will create a massive price move for ICX.

Is the icxusdt 1W chart a good investment?

------------------------------------- (ICXUSDT 1W Chart) Anything below 0.425 is likely to be a mid- to long-term investment area. So, whether it can move higher than 0.425 is the key. To create a new wave, it must rise above... ICX / USDT It is in a downtrend and has lost its support.

Can icxusdt price break the Trendline?

ICXUSDT price has already broken the falling trendline but in the meantime established a strong resistance zone around 0.41 $. Price flirted with that resistance but failed to break. So once bulls successfully break that zone we could see an upward surge for some potential upside areas. hello? Traders, welcome.

Is ICX losing support?

The selling stopped when ICX approached the $0.7 zone, which is a pretty good support since March until now. If it doesn't lose this support zone, it can move to the $0.9 and $1.1 zone in the near future. However, if it loses this support, its lower support areas are quite weak that we need to consider carefully before buying.