MyCryptoParadise

ICX/USDT A successful break the pattern, will indicate a bullish

BINANCE:ICXUSDT   ICON / TetherUS
πŸ’Ž ICX has undeniably attracted significant attention in the market with the formation of a double-bottom pattern.

πŸ’Ž There is potential for ICX to attempt a breakout above the resistance neckline of this pattern. A successful breakout could pave the way for significant upward movement towards our target strong resistance area.

πŸ’Ž However, if ICX fails to break above the resistance, there is a possibility of rejection, leading the price back to the support area around 0.285 to gather new momentum.

πŸ’Ž ICX must bounce from the support area to make another attempt at breaking above the resistance of the double bottom pattern. Failure to bounce, or worse, a breakdown below the support, could signal further downward movement for ICX.

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