Hello to you all. Mars Signals team wishes you high profits at all times.
The price starts moving downwards from the ascending triangle. If you buy at the bottom, go out in the first resistance area. If you break, you will see higher targets.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
- ICXUSDT brokeout above the pennant pattern's inclined resistance as expected from my previous analysis.
- The market hit a swing high and retraced.
- Price is retesting the pennant pattern's inclined resistance, horizontal support level (S1) and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of...
I believe that ICX is on the verge of a breakout in the coming days! I am waiting for the daily MACD to cross and the triangular breakout to the upside to be confirmed. So far its looking quite bullish consolidating in its triangle in the 4hrly, 1hrly and daily timeframes. This might be due to the potential reversal from BTC.
Since the beginning of 2021 ICON (ICX) has been in an uptrend (marked on the chart). The altcoin’s growth is also mirrored by its RSI indicator, which to-date has approached the level of 50. Given the location of its Fibonacci lines and based on the last growth impulse, we can anticipate a decline of ICX to the trendline followed by the continuation of growth in...