ICX/USDT (0.5 Fib Retracement?)

💎Technical Analysis Summary💎


ICX/USDT

-This coin ICON has dropped as much as -37% due to BTC volatility recently
-The good news though the price retraced to Fib 0.5 level with the confluence of S/R area
-There is still a chance for this coin to move up for the midterm action
-Provided this current area of support will remain valid for the month of September
-We can also see the price respected the 50D Moving Average which is a good indicator too
-If assuming everything will go as plan, I think the best upside scenario is up to $2.7-$3.1
-This is a very long shot so please take all necessary risks and follow proper risk management
-I'll try to update this coin in the coming days or weeks once new data is developed
-Good luck traders and stay safe!



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