There is a possibility for the beginning of an uptrend in ICXETHTechnical analysis:
. ICON/ETHEREUM 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 57.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.000980 to 0.000770). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.000980)
Ending of entry zone (0.000770)
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 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= @ 0.001400
TP2= @ 0.001760
TP3= @ 0.002250
TP4= @ 0.002965
TP5= @ 0.004325
TP6= @ 0.005420
TP7= @ 0.006520
TP8= Free
ILong






















