ICX/BTC 4 Hour Char
Basic analysis here, I see some minor-strong support at its current price and with the indecisive market at the moment with no clear sentiment I see ICX breaking down through and creating a double bottom reversal formation and the strong support below. If we encounter some FUD or violent BTC break downs we may see close to an entire market cycle on ICX and bounce off the last resort Support at 2200 - 2100sats. Be open to these possibilities anything can happen in a crazy market we are experiencing.
Good side of this chart is we are within reach of a downtrend break out over the next week or two pending of course BTCs movements. From there I will reassess where ICX stands.
Comment or Message me for access to my Free Telegram & Discord Channels
Basic analysis here, I see some minor-strong support at its current price and with the indecisive market at the moment with no clear sentiment I see ICX breaking down through and creating a double bottom reversal formation and the strong support below. If we encounter some FUD or violent BTC break downs we may see close to an entire market cycle on ICX and bounce off the last resort Support at 2200 - 2100sats. Be open to these possibilities anything can happen in a crazy market we are experiencing.
Good side of this chart is we are within reach of a downtrend break out over the next week or two pending of course BTCs movements. From there I will reassess where ICX stands.
Comment or Message me for access to my Free Telegram & Discord Channels