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ICXUSD to seek 37 cents next? Icon break of 30 will rocket to 37

ICX nearing previous highs so there will be much resistance.
Then we have Fib resistance and psych number of .3000 round.
Below we have Fib support at an important "Confluence of 2".

To be honest, I do not trade nor follow this coin/dev/usage.
But it was mentioned in chat so I thought to take a look at it.
Below is my thought process when looking at a chart for first time.

First glance, starting with last drop from $1.00:

Last bounce was a little spark that exploded to 9.618 , very often a wave killer

Possible Impulse of current bounce:

Putting them together and adding zones in Confluence areas we have:

ICXUSD to seek 37 cents next? Icon break of 30 will rocket to 37

Nota

Making another run for it after the rude interruption by BTC

Watching 30 cents keenly here.

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Dagangan ditutup: sasaran tercapai

Target hit, out for now, will look to re-enter after gauging pullback

Close up shows the precision of Fibs.

.3697? only a fib told me that number

Nota

Since last update ICX pierced the .37 zone but pulled back hard

interestingly, it still appears to be following the blue fib, which wants UP. So am watching closely now...

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EuroMotif

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EuroMotif

the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag

Juga pada: