The two scenarios for ICX

28 avr. 2020

There is my analysis of the current situation on ICXBTC .
1. The local trend -> downtrend
2. Divergence in point A and C -> bearish

Scenario 1 – my current
We are going to point D, somewhere about 2857, but it is also possible to land only on the level 2996 – 3016 (strong level AB = CD). The formation XABCD is bullish , so from point D the uptrend should start.

Scenario 2 – an alternative option
If scenario 1 is wrong, and we are going up, confirmation of the uptrend will take place when a candle will be closed above 4651.

There is not any financial advice, just my two scenarios.

3 mai 2020

Note

The scenario 1 is still valid. The price is close to 0.00002996, which could be the point to go up. But we need confirmation.

4 mai 2020

Note

The price is on the strong level (AB = CD), but there is not any signal for going up now.
From this point I plan to monitor two levels:
1. 0,00002857 is the price is still going down
2. 0,00003165 is the price will go up

There is not any financial advice, I'm just sharing my idea.

20 mai 2020

Note

The level 1.272 was verified twice and now there is the move towards the top of the channel.