. There is a possibility of temporary retracement to suggested support line (0.5885). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. ICXUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
a good case for a 1,2 on the daily scale. wave 3 would have a potential +190% move.
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MID TO LONG TERM SIGNAL
Icon been sleeping whole year and reach the bottom all time low ...
for investors and coin holders .. its the time to wake up this dragon ..
Targets on chart ..
start laddering the buy zone area
no stop loss needed here
use small bags on each small dips ...
dont use all your capital in one coin
ICON NEXT EVENTS
31 December 2018...
Just following up my last post that showed the end of the ABC . We broke out a short term descending wedge then came back on top of it to re-test as support. Potentially a deep subwave 1 or 'double bottom' type of structure to set up a subwave 3 with the momentum to break us past the last high. A re-test of that next high could be possible too.