ICX is working these FIBs like a charm, if we look at the FIBs in red on the chart we can clearly see a pattern. It reached the fantasy 4.236 FIB then retraced a bit lower than the .786 Retracement FIB. This market seems to do that, it retrace slightly LOWER than the .786 which is unusual but they've done it many times now so the unusual pattern is becoming the usual for the market. If you guys compare the red fib level (after it reached the 4.236 FIB you will CLEARLY see a very similar pattern to the current support/resistance level (0.0006671 - 0.0008479). This trend is also backed by 3 touches on the trend line (yellow bar). This is a VERY healthy chart to me.
Buy zone: 0.00075 area
First target: 0.00135 (you should exit here if you dont want to gamble and/or aren't an experienced trader)
Second target: 0.00170
Possible fantasy target: 0.00223
A bit of Fundamental Analysis as well: ICX is only available on Binance and we all know what happens to coins when they are added on big platforms like Bittrex and Poloniex.
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think im the comment!
Buy zone: 0.00075 area
First target: 0.00135 (you should exit here if you dont want to gamble and/or aren't an experienced trader)
Second target: 0.00170
Possible fantasy target: 0.00223
A bit of Fundamental Analysis as well: ICX is only available on Binance and we all know what happens to coins when they are added on big platforms like Bittrex and Poloniex.
Follow me on telegram if you want to be updated on this trade.
Let me know what you guys think im the comment!