TronCollector

$ICX Measured Moves

Long
BINANCE:ICXBTC   ICON / Bitcoin
Been noticing a lot of measured moves in several alts lately. Bottom could be in, but if $BTC continues to move up I could see a retracement to the 1364-1464 happening. I absolutely do not see $ICX falling below these levels. I have been laddering slowly into a short/medium term swing position since around 1780 SATs -0.53% . A retracement to these levels would be around one of its 38% moves down as shown in the chart.
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.