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- Fast EMAs and Slow EMAs are about to cross. The wait is over.
- RSI on upward trend after two successive below 30 hits. (Very good sign of an upcoming pump).
- Bollinger bands squeezing ready to break out.
- MACD has lot of room to grow up.
- Main net swap ahead.
- ICX bug purposefully exposed and discussed since last two days to create a dip and buy low. Hope you didn't fall for it and sell your bags.
ICXBTC Target: At ...
- RSI still way below 35 on 1D chart.
- There is no way it is going down further unless RSI picks up significantly. This is the BOTTOM.
Next few days/weeks BTC will rally upwards for a new "lower HIGH" before coming down.
The volume is low because it will be a lower HIGH and the bulls are still not confident of breaking towards a higher HIGH.
Lower High ...
Set your buy targets on Saturday/Sunday.
Don't get FOMO'ed into it now.
Entry Target: 0.0004 around April 10th.
It has more scope to fall than rise in the short term.
What happened now is not a real break out for new ATH.
Expect it to fall to 0.00032
Look for the support lines and resistances that exist in the chart above.
See the chart. Are we breaking out of inverse H&S?
This is what I think about $ETH but note, BTC will still fly high in a faster rate than $ETH.
It has broken the triangle.
If you have ETH wait for the next pump towards 0.09 or 0.089 and sell it off to BTC. It will go down from here.
ETH USD value may be bullish but ETH BTC will be bearish. If you want more profit, switch your holdings to BTC from now.
Look at my other BTC idea for positive elliot wave of BTC.
Chart is self explanatory.
Chart self explanatory.