readCrypto

Icon (ICX) - May 17

readCrypto Mod Updated   
BINANCE:ICXUSD   ICON
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We need to make sure we can get support on the uptrend line (4).
You should also make sure you can continue to receive support above 50 EMA.

I think we must get support at 0.25433100 for further gains.

If you go up, you need to make sure you can touch 50 EMA (0.35417621) on the 1W chart.

If you can get support by rising above the critical point of 0.37715000, I think there is a possibility of creating a new wave.

However, I think that trading should be done according to the flow of market conditions.
Therefore, we believe that careful trading is necessary.

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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.

Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
Comment:
(ICXUSD 1h chart.)
Supporting the uptrend line (4), we need to make sure we can stay above the 0.27406474 point even after the time indicated on the chart.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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