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jamiryo
Dec 30, 2017 9:21 AM

ICXBTC Short term trading idea  

ICON / BitcoinBinance

Description

Looks like a down trend has been broken. and a pull back occured.

For the ascension trials need to stay above the green trend support zone.
Under this support zone there can be a selling pressure on it for short term trades.

Blue lines above the green support zone are the targets for short term.

A strong support is at about 3080 level.

Trade active

First target reached, the 4659 level !.

Now for the continuity of the upward move I think it must stay above the 4279 level.

Comment

It made a good move I think.

Now the green internal trend line works as a support and resistance zone.

We need to keep an eye on it for the direction!
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