There is a possibility for the beginning of an uptrend in ICNETHTechnical analysis:
. ICN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.001600 to 0.001100). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.001600)
Ending of entry zone (0.001100)
Entry signal:
ILong
