Hi dear friends, hope you are well and welcome to another new update on ICON (ICX) coin.
Big triangle and an expected reversal:
On a long-term weekly time frame, the priceline of Icon coin is moving in a symmetrical triangle since Dec 2020 and sofar this support is not broken down.There is also a strong support of 100 simple moving average moving with the support to the upside, therefore, the triangle’s support is so strong and not broken down even after a year. The stochastic is also suggesting that the market of ICX has been oversold therefore a power reversal is possible very soon,
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Big triangle and an expected reversal:
On a long-term weekly time frame, the priceline of Icon coin is moving in a symmetrical triangle since Dec 2020 and sofar this support is not broken down.There is also a strong support of 100 simple moving average moving with the support to the upside, therefore, the triangle’s support is so strong and not broken down even after a year. The stochastic is also suggesting that the market of ICX has been oversold therefore a power reversal is possible very soon,
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.
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.