quantGamma

ICON - Bearish engulfing $ICX

BINANCE:ICXBTC   ICON / Bitcoin
Although ICON is now on uptrend, it's currently forming a daily bearish engulfing . If it doesn't bounce from the yellow box, I'd expect it to go back to monthly S1 (78.6% Fib level). Otherwise, my targets would be monthly P (50% Fib level) and 61.8% Fib level.
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