ICX BUY OPPORTUNITY
Updated
ICX BUY OPPORTUNITY
Thought I gave it a try and publish an idea on Trading View. Any constructive feedback or comments would be helpful.
The ORANGE rectangles are the pattern drives I think ICX is currently on as respect to the last bullish cycle.
Recap: ICX found it's bottom on 3/18 at 2135 stats (around at a 11.8 fib level) and finally break out of it's downward channel (the red dotted line). ICX has a great run up from it's new base line and yielded 122% in gains.
Look for ICX to retrace to 3414 stats as a good buy in level. Target would be for ICX to retest 5140 stats, retrace and eventually finish up at 6120 stats. This will take a week to play out.
*** What's BTC doing? I'm expecting BTC to have a big week as it retest 10K USD. As BTC runs up it will suck out the market cap from ICX and other ALTS. New support levels at be found at 50% retracement from the last current high.
This analysis is for educational purposes only and not financial advice.
The Unicorn of the Sea
- Narwhal
Thought I gave it a try and publish an idea on Trading View. Any constructive feedback or comments would be helpful.
The ORANGE rectangles are the pattern drives I think ICX is currently on as respect to the last bullish cycle.
Recap: ICX found it's bottom on 3/18 at 2135 stats (around at a 11.8 fib level) and finally break out of it's downward channel (the red dotted line). ICX has a great run up from it's new base line and yielded 122% in gains.
Look for ICX to retrace to 3414 stats as a good buy in level. Target would be for ICX to retest 5140 stats, retrace and eventually finish up at 6120 stats. This will take a week to play out.
*** What's BTC doing? I'm expecting BTC to have a big week as it retest 10K USD. As BTC runs up it will suck out the market cap from ICX and other ALTS. New support levels at be found at 50% retracement from the last current high.
This analysis is for educational purposes only and not financial advice.
The Unicorn of the Sea
- Narwhal
Trade closed: stop reached
Trade active
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