ICON / TetherUSShort
ICX 4H Chart
▶️ I am biased towards further downside price action.
▶️ Drop from early December has an impulsive look.
▶️ Upside movement is forming a corrective bear flag.
▶️ There is no RSI divergence in the recent low.
▶️ Therefore, the higher probability is for a new leg down retesting 0.1462 low.
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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.