. ICN/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 44.
. There is a possibility of temporary retracement to suggested support zone (0.001600 to 0.001100). if so, traders can set orders based on Price...
RSI coming into line for start of 3rd wave. Still a small drop to come followed by a good run up.
See graph for details, waves plotted, fib retrace and extensions.
Held back with drop in BTC which is a normal cyclical prime wave retrace to 9.5k
Not financial advice