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Crypt0unicorn
Aug 17, 2018 6:23 AM

ICX possible short term trade. Long

ICON / BitcoinBinance

Description

Volume is increasing, bull flag forming, RSI is falling

Look for RSI to drop further on consolidation with MACD as the wedge tightens.

If wedge continues to tighten, and RSI below 50 & breakout from wedge starts with increased volume,
consider entering trade /w stop loss @ 945

If bitcoin starts to decline, exit position.

Comment

Looks like its setting up, minor breakout from wedge, but not enough volume yet.

Comment

And here's the volume spike <3

Comment

Exited trade at 8080, My entry was 7616

Comment

Edit** last comment was wrong chart :D
Comments
Crypt0unicorn
Volume is spiking again, looking good.
Crypt0unicorn
Trade is active.
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