Peace0utside

ICN 20 and 200 MA about to touch, should make a move up soon

Long
Peace0utside Updated   
KRAKEN:ICNXBT   None
Been watching ICN for a while and it's broken the 20 day MA and the 200 day MA is about to be crossed...should be an interesting move up from here onwards
Comment:
Now that it broke the MA for 20 & 200, what next? The sideways shuffle? lol

With Bitcoin looking for a correction on the downside, ICN looks like it might get another boost upwards.

I'm keeping my trade open on this one for the long term and wait
Comment:
Looks like the beginning of a pennant between 0.00039 and 0.00068, let's see how this one plays out. Still long and looking to add around 450-480 if I'm lucky to see those numbers again :)
Comment:
:rocket: around the corner, missed the refueling point at 1300 but should get another chance to reload before the :moon:
Trade active:
ICN been consolidating for a while now and found pretty good support around the 0.0009 level and now it's about to go over the 200 day MA on the 4 hours chart.

I think that it's time to shoot for the moon again and see if that previous ATH can be broken in the next two weeks :D

Happy trading all and good luck.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.