$ICX - Bottomed out on the 4H interval; buy in around 3800-4500

ICON / BitcoinBinance

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⋅ Feb 6, 2018 1:40 PM

Keep an eye on order book/depth manipulation.

Bottomed out on the bollinger bands, RSI <30 and trending upward.

I say 3800 because BTC might bully it around. Green line is the previous low/support, maroon line is the resistance.

The falling wedge isn't finished just yet, but since we're so close to support I believe now is good time for entry.

⋅ Feb 6, 2018 2:01 PM

*Fishnet shows that there is not extreme resistance going up because its lines are expanded.

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⋅ Feb 23, 2018 8:23 AM

AndreAmaral

⋅ Feb 6, 2018 8:20 PM

So its a seller at 0.0006?

NeoButane

⋅ Feb 7, 2018 6:03 AM

@AndreAmaral

You can sell it at 6, but fundamentally this is one of the best coins on the market. I would sell a portion.

th3crasher

⋅ Feb 6, 2018 4:01 PM

SO where is the resistance above .50?

NeoButane

⋅ Feb 6, 2018 4:22 PM

@th3crasher,

Here at the middle of the boll bands, and where the 200EMA lies.

And it may go sideways or drop if it is able to enter the ichimoku cloud around the upper 6000 sats range. I don't see a +2000 sat any time soon, however.

$ICX - Bottomed out on the 4H interval; buy in around 3800-4500

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