thestocktheater

ICX Dip Incoming. HODL off on buying.

Long
BINANCE:ICXBTC   ICON / Bitcoin
ICX is trying to break downtrend but a double top (yellow dots) has formed. That pattern is also supported by the incoming bear cross (middle chart) and flat RSI (bottom chart). It's also getting very close to the mid BOLL line. There are also 2 spinning tops, which gives me a bearish signal.

TLDR: There's a better entry point. HODL off on buying.
Comment:
6 hours later and it's moving right along the dip I expected. I hope you held off on upping.
Comment:
UPDATE: Still following my projection.
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