ICXUSD Support Zones to watch: Icon buy-back prices of interest
Updated
Icon made quite a run recently and is now consolidating.
It seems to have made a double top below strong resistance.
Based on the various fibs, I have plotted some zones of interest.
It just pierced a support zone at .2650 so right now is a risky entry.
If it gets above and confirms the zone as support then maybe a long.
But ideally I am looking lower like .2300 (ideal) or even .2040 (scary).
Per my previous analysis, I still think a break of .30 will shoot to .37 quickly:
It seems to have made a double top below strong resistance.
Based on the various fibs, I have plotted some zones of interest.
It just pierced a support zone at .2650 so right now is a risky entry.
If it gets above and confirms the zone as support then maybe a long.
But ideally I am looking lower like .2300 (ideal) or even .2040 (scary).
Per my previous analysis, I still think a break of .30 will shoot to .37 quickly:
Note
ICX bulls made a valiant effort break resistance but were unable to hold it thus far Zooming on the pullback, looks like an Impulse down and its Ripples are at play
.
Trade closed: target reached
Target hit, EXACTLY, sweet .
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