ICON / Bitcoin
Long
Mis à jour

Bounce for ICX BTC pair?

390
Having followed ICX for a while, I thought i'd share my thoughts.
Note
I see a falling wedge here, with price trading just under the 0.236 fib. This would be a nice area for a bounce.
Red box is my first target.

IF we get a hard rejection at the 0.50 it could set up a potential head and shoulders. Which will get ugly. We will cross that bridge if we get there.
Transaction en cours
Today we seen a nice breakout of the wedge. Expecting some nice upside to ICX with the "news" hype starting to be posted on social media.

ICX has a tendency to pump fast and hard when it moves. Seems like a good strategy to keep stakers from selling into your pump.

I feel like BTC will give us enough time to reach target before it makes a larger move.
Trade fermée: cible de profit atteinte
We reached our target on icxbtc pair today. We seen a nice flip of resistance into support at the lower 4k levels. There is a double top at 5050 sats on the 1 hr chart, that being said, smaller time frames still looking ok. I'll close out some profits here but i expect further upside to ICX. I will make a new chart with updated targets in the future.

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