tgrunner87
Long

Potentially the Bottom for ICX

BINANCE:ICXBTC   ICON / Bitcoin
Icon team are working hard on the project and with many good news coming this month and onward's, like the upcoming staking and P-reps election, many will want to stake their ICX stack which would drive the price upwards.
I strongly believe ICX/BTC pair has finally bottomed out and will start up-trending.
Levels to watch are the ones highlighted in the chart, we might not break 1200-1350 at first, or who knows that might be the top and ICX will go back to down trending and reach new lows.

Setup:
Buy 190-210 Stop loss 185

Profit target 1# 500-550
2# 650-750
3# 1250-1350

Of course this is just my opinion and observations, please be careful and do your own research when buying any Alt coin.
Trade closed: stop reached: Bitcoin continues its uptrend while decimating all Alts in its path. I will wait for a close above and a retest of 240 sats before reentering the trade
Alts will not pump before BTC breaks 20k. ICX will be interesting, there are not many strong resistances so it could shoot up real quick.
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Great analysis.
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tgrunner87 future213
@future213, Thanks. Unfortunately ICX doesn't agree. Can't seem to start up trending
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