Hello World!
Quick little analysis for you. Again, I believe that BTC will retrace soon, and with it the rest of the market. ICX hit a double-top which made it oversold and triggered a retracement. I think this will continue to the 2nd uptrend support & 0.618 Fib Level. This should create a nice size for a 'handle'. Upon completion of the pattern, my target would be the breakout 1.618 Fib Level. ICX also has a strong catalyst that can fuel this rally. The 'Main net' releases around the same time as the breakout and should be a major catalyst for a nice bull rally.
So, the plan is to stay out until it reaches the first target (bottom of handle) and then to HODL it until the end target.
Don't forget to use stop-losses!
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My nickname is 'Wolf'. I was a fairly popular #Crypto trader on Twitter reaching over 130K Followers before getting banned from the platform for trolling to much. I have since 'rebranded' to a more professional image and have left the Twitter-verse to branch out onto more social media platforms such as TradingView, Facebook -3.39% , Discord, Telegram, Twitch (twitch.tv/thewolfreloaded), Medium (medium.com/@wolfreloaded) and others that I am currently working on creating. Hope you enjoy my content, cheers!
I charted these live on my Twitch stream. 4/24/2018
Quick little analysis for you. Again, I believe that BTC will retrace soon, and with it the rest of the market. ICX hit a double-top which made it oversold and triggered a retracement. I think this will continue to the 2nd uptrend support & 0.618 Fib Level. This should create a nice size for a 'handle'. Upon completion of the pattern, my target would be the breakout 1.618 Fib Level. ICX also has a strong catalyst that can fuel this rally. The 'Main net' releases around the same time as the breakout and should be a major catalyst for a nice bull rally.
So, the plan is to stay out until it reaches the first target (bottom of handle) and then to HODL it until the end target.
Don't forget to use stop-losses!
-------------
My nickname is 'Wolf'. I was a fairly popular #Crypto trader on Twitter reaching over 130K Followers before getting banned from the platform for trolling to much. I have since 'rebranded' to a more professional image and have left the Twitter-verse to branch out onto more social media platforms such as TradingView, Facebook -3.39% , Discord, Telegram, Twitch (twitch.tv/thewolfreloaded), Medium (medium.com/@wolfreloaded) and others that I am currently working on creating. Hope you enjoy my content, cheers!
I charted these live on my Twitch stream. 4/24/2018