$ICX PRICE/GAINS PREDICTIONS FOR THE END OF APRIL 18'
ICON is launching their much anticipated ico platform in less than a month on April, 30th.
Price has nearly retraced to the 0.236 fib level from its recent bull run.
Its currently sitting on an upward trend line, while forming the cup of a potential cup and handle.
It should face resistance at the 34k satoshi range, where the handle should be expected to form in the apex of the resistance and trend line, and between the 0.5 and 0.382 fib levels.
There is also a bullish divergence in the RSI adding to my cup and handle prediction.
As well as the cup and handle, I'm anticipating an ascending triangle to develop as it moves forward, adding to the bullish narrative.
First target at the main 0.236 fib level is a short term/conservative target.
Second target at the main 0.382 fib level should be hit with no issues.
Third and fourth targets at the main 0.5 and 0.618 fib level I'm fully expecting to hit. The vpvr va resistance wont hold imo, and price should cut through fairly easily through the lvns.
Price could climb higher than those targets, especially if altseason is in full swing. But those are my price predictions/gains up until launch date.
Follow me on twitter to see more charts and price predictions @asikimart. I mainly post on there.
Price has nearly retraced to the 0.236 fib level from its recent bull run.
Its currently sitting on an upward trend line, while forming the cup of a potential cup and handle.
It should face resistance at the 34k satoshi range, where the handle should be expected to form in the apex of the resistance and trend line, and between the 0.5 and 0.382 fib levels.
There is also a bullish divergence in the RSI adding to my cup and handle prediction.
As well as the cup and handle, I'm anticipating an ascending triangle to develop as it moves forward, adding to the bullish narrative.
First target at the main 0.236 fib level is a short term/conservative target.
Second target at the main 0.382 fib level should be hit with no issues.
Third and fourth targets at the main 0.5 and 0.618 fib level I'm fully expecting to hit. The vpvr va resistance wont hold imo, and price should cut through fairly easily through the lvns.
Price could climb higher than those targets, especially if altseason is in full swing. But those are my price predictions/gains up until launch date.
Follow me on twitter to see more charts and price predictions @asikimart. I mainly post on there.
Comment:
$btc seems to be holding it back atm