ForecastCity

There is a possibility for the beginning of an uptrend in ICXBTC

Long
BINANCE:ICXBTC   ICON / Bitcoin
Technical analysis:
. ICON/ BITCOIN 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.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.

Trading suggestion:
. Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

Beginning of entry zone (0.0001130)
Ending of entry zone (0.0000770)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0001460
TP2= @ 0.0002060
TP3= @ 0.0002350
TP4= @ 0.0002640
TP5= @ 0.0003790
TP6= @ 0.0004720
TP7= @ 0.0005660
TP8= @ 0.0006990
TP9= @ 0.0008680
TP10= Free
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