Hey, I am back with Another TA, this time looking at ICON.
New partners, low price, ICX wallet and much more.
Lets keep this one simple and look at the chart quickly.
Few downtrend, uptrends, ressistance and one support level.
Quickly looking at Indicators
RSI has bounced off oversold level.
MACD starts to curve upwards with potential trend change as sellers are so far quickly leaving.
MA shows that ICON is bit undervalued.
EMA same as with ADA, is on decision point.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with ICON somehow clearer.
If you like this Technical Analysis let me know in the comments, likes are always aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an update.
New partners, low price, ICX wallet and much more.
Lets keep this one simple and look at the chart quickly.
Few downtrend, uptrends, ressistance and one support level.
Quickly looking at Indicators
RSI has bounced off oversold level.
MACD starts to curve upwards with potential trend change as sellers are so far quickly leaving.
MA shows that ICON is bit undervalued.
EMA same as with ADA, is on decision point.
So I think thats about it.. If you have any Questions feel free to ask me down bellow or at my Discord channel!
Hope I made your view on whats going on with ICON somehow clearer.
If you like this Technical Analysis let me know in the comments, likes are always aprreciated, Thanks !
If I see something worth to share on the chart I will surely do an update.
Comment:
I would be careful as Bitcoin havent finished its cycle yet.