ICX long, risky but great time to buy
Hey everyone, this is my 2nd analysis. Please be kind and don't invest without your own analysis.
Be kind with my english, i'm a french speaker!
Long time i'm looking after the IICX.
Community seems to have lot of trust in this project. Is was rising at the end of january. Now we are at the end of correction.
It is breaking out and great opportunity to buy some.
- Not oversold but in great setup on the RSI, going down in a linear way,
- We had HUGE volume buying some days before.
- Price is now half of the peak. Many holder are waiting and will support the rise.
- I will fix my target at around 6k which is a first support zone to me.
In case we would touch the 4k resistance, this will be my second buy zone.
Please feel free to give me some advise on this TA.
Peace
SImon
Be kind with my english, i'm a french speaker!
Long time i'm looking after the IICX.
Community seems to have lot of trust in this project. Is was rising at the end of january. Now we are at the end of correction.
It is breaking out and great opportunity to buy some.
- Not oversold but in great setup on the RSI, going down in a linear way,
- We had HUGE volume buying some days before.
- Price is now half of the peak. Many holder are waiting and will support the rise.
- I will fix my target at around 6k which is a first support zone to me.
In case we would touch the 4k resistance, this will be my second buy zone.
Please feel free to give me some advise on this TA.
Peace
SImon
Trade active
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.