ICX/BTC had a big drop recently, after a BTC correction. And seems to be coming out of a consolidation phase now as the 22EMA is pointing upwards. This should put it back on its upwards trajectory as seen on the 1D chart. STOCH RSI has also bottomed out and starting to cross and head upwards. Showing that momentum is beginning to move in the right direction. This trade will take some time to develop, but there is a lot of upside potential here. If the 22EMA on the 1D chart can cross the 200EMA above the 895 TARGET, there should be scope to hit T3 quite soon thereafter.
BUY: 718
SELL: T1 25% - 895 (24.65% TP)
T2 25% - 1061 (47.77% TP)
T3 50% - 1397 (94.57% TP)
SL: 520
This is not trading, nor financial advice. Posted trades are based on my own TA, void of my opinion and only on how i read the chart and indicators. Always do your own technical analysis before attempting to trade anything. Trading carries a high degree of risk and may result in financial loss.
Please feel free to comment on my posts as i am always willing to learn through others. If you agree or like my analysis, please hit the LIKE button and feel free to follow me on TV.
Happy Trading!
BUY: 718
SELL: T1 25% - 895 (24.65% TP)
T2 25% - 1061 (47.77% TP)
T3 50% - 1397 (94.57% TP)
SL: 520
This is not trading, nor financial advice. Posted trades are based on my own TA, void of my opinion and only on how i read the chart and indicators. Always do your own technical analysis before attempting to trade anything. Trading carries a high degree of risk and may result in financial loss.
Please feel free to comment on my posts as i am always willing to learn through others. If you agree or like my analysis, please hit the LIKE button and feel free to follow me on TV.
Happy Trading!
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