balkoins

ICX Possible Accumulation Zone | Quick Analysis

Long
BINANCE:ICXBTC   ICON / Bitcoin
ICX sitting in a steady accumulation zone for many days. This is its all time low price which is proving to be a viable support. Accumulating ICX for the next couple weeks could pay off with a small pop from this zone. Spread out your buy orders and average into a position if you wish to accumulate, look to sell portions at each milestone such as support levels, and moving averages. All indicators seem neutral, meaning this could truly go either way, in our opinion a move upward is more likely with Binance coins popping recently.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.