-4h penetrated 10 and 20 EMA and closed above them
-we hit a region from where a 100% rally came, so some buy volume is expected in this area
-usually grows when btc is growing
-a few bullish patterns formed
-could just be a volatility
-increased volume after breakout, but still overall low
ICX broke out of accumulation zone and a while looked like a pump and dump pattern. Buyers stepped in and prevented the price from falling. 50% fib retrace level confirmed as support and 4h candle is now looking to close above the initial close. There is also a multi timeframe confirmation on the move, including 1d, 4h, 1h and also smal 30 and 15 min timeframes....
ERD is a coin with strong fundamentals, regular anouncements and low market cap. It also had a large pullback from ICO launch. It is listed on binance and other listings are coming in. At this price it is strongly underpriced. Buying at this price will also give you a nice ratio of 3%/pip, meaning a little move can provide reasonable profits.