BINANCE:ICXBTC has been on my rader for some time but other alt-coins had my priority and i have executed the trades on them. This means my aim is completely focused on Icon.
Now on this chart we can see a couple of reason why i has cought my eye. The last few days the price has risen 80% measured from most recent low to the peak of this rally.
The top...
ICX has been in the continuous long term downtrend since April end and the price has depreciated by 78%.
It has been moving inside the falling wedge with a good slant slope which means a great selling pressure.
The price has been continuously getting rejected from the basis line of the Bollinger bands.(See the circles marked with Pink colour)
Now the price is at...
