ICXBTC
he pattern is pretty clear to see here, the chart is almost printing a perfect Adam and Eve bottom. On the 12hr cloud, there was a failure to make a bullish TK cross, however the 4 hr cloud is giving a strong buy signal with a bounce off the Kijun above the bullish cloud with the lagging span also above the price and cloud. The volume is also decreasing on the recent price drop is looks very good for the continuation of the Adam and Eve pattern with the help of a Kijun bounce.
Would like to see confirmation on the 12hr cloud some time in the next 2-5 candles but I will be watching closely on the 4hr for failure of any of the buy signals.
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There it is. Got the bullish cross on the 12hr.
Seems to be forming a bull flag on decreasing volume, this setup is looking great. I would be looking for entries here around .0000625.
Seems to be forming a bull flag on decreasing volume, this setup is looking great. I would be looking for entries here around .0000625.
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Nice bounce from our entry. I gave y'all notice from the 30th for this one.
Next steps:
-looking to hopefully successfully retest the top of that ascending triangle.
-I would look to take some profit at the edge of the 12h cloud around .0000800.
Next steps:
-looking to hopefully successfully retest the top of that ascending triangle.
-I would look to take some profit at the edge of the 12h cloud around .0000800.