Diupdate
ICX is possibly looking for a move up.
ICX/BTC appears to be within an ascending triangle pattern. We got a nice bounce off of a previous support zone around 950 sat's, and we've been on a steady up-trend on the 4-hour chart. So long as Bitcoin holds steady, we could see a 5-10% move in ICX in the next few days. Good Risk/Reward on this trade in my opinion.
On the 4-hour indicators, ICX got a bullish MACD crossover on October 13th, and the Squeeze Momentum Indicator is showing upward movement. RSI also just crossed into bullish territory as it sits at 51.
Entry: 985-995
Target: 1070-1085.
Stop loss (tight): 970
Stop loss (loose): 925
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility .
On the 4-hour indicators, ICX got a bullish MACD crossover on October 13th, and the Squeeze Momentum Indicator is showing upward movement. RSI also just crossed into bullish territory as it sits at 51.
Entry: 985-995
Target: 1070-1085.
Stop loss (tight): 970
Stop loss (loose): 925
--This is not financial advice. Always do your own research and come to your own conclusions before buying/investing, as investing in cryptocurrencies comes with high risk and high amounts of volatility .
Catatan
Ascending triangle did not necessarily pan-out following all the USDT and Bitcoin fiesta. However, we got a nice tweaser bottom reversal and we could posed to move to 1100ish.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.