HD1184K

ICON (ICX) Bullish Divergence, possible long.

Long
HD1184K Updated   
BINANCE:ICXBTC   ICON / Bitcoin
ICX has been on a freefall for the past few weeks. However, each time the RSI reached oversold we have had a small bounce. This could be another one of the bounces.

Signals:
Bullish Divergence on 1 hour
A bounce from support

Buy in:
1472

Sell:
1500

Stop loss:
1454, where the previous support has been. If we bottom out here it could be anywhere from 1-6% over the next 2 days.
Comment:

I already entered, we can see the stoch has room to play with and ICX has a bullish div on the 15 min.
Comment:
We have a combined 10btc buy wall so far. Sell wall to target is 4 btc. However, keep in mind they could be removed at any time.
Comment:

Bulls and bears still fighting, hard to say.
Comment:

I'm guessing people are tempted to get out right now.
Trade closed manually:
I got out at 1474. I'm moving my funds to a better trade. This one is still on the watchlist.
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