There is a possibility for the beginning of an uptrend in ICXBTCTechnical analysis:
. ICON/BITCOIN 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 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0001130)
Ending of entry zone (0.0000770)
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 the 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= @ 0.0001460
TP2= @ 0.0002060
TP3= @ 0.0002350
TP4= @ 0.0002640
TP5= @ 0.0003790
TP6= @ 0.0004720
TP7= @ 0.0005660
TP8= @ 0.0006990
TP9= @ 0.0008680
TP10= Free
