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AlanSantana
Jan 31, 2020 12:42 AM

ICON Continues... Goes Parabolic | Support & Resistance Mapped Long

ICON / BitcoinBinance

Description

ICON (ICXBTC) continues to grow now going parabolic... We shared a chart less than 3 weeks ago and we are now at 65%+ of gains but there is still lots of potential left for additional growth, you can see it here:


Now, after we buy low, all that is left is to be patient and sell while the prices move up.

EMA200 was conquered with yesterday's candle close, if ICXBTC can remain above this level, the next target is sitting at 0.00003158 followed by EMA300 at 0.00003831+.

If EMA200 (0.00002477) breaks down (prices for ICXBTC move and close below this level), then we can see lower prices around EMA10 or 0.00002136.

These are the most important support and resistance levels on the daily timeframe.

Thanks a lot for reading.

Namaste.
Comments
Harry_Seldon
Historic altcoins with good FA (ICX, IOTA, LISK) seem to perform quite well at the moment, compared to other mid caps.
AlanSantana
@Harry_Seldon, Agreed, they move in groups.
tojestmihciu
The longer sth stayed suppressed, the harder is the jump.
MMD2020
@tojestmihciu, 0.000064
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