MikeCryptoSignals

ICON COULD 300-500% PROFIT POTENTIAL

Long
BINANCE:ICXBTC   ICON / Bitcoin
#ICX/BTC ( Binance )

Buy Range : 0.0001000-1050
SL : Not Recommend

Target 1 : 2550
Target 2 : 3840
Target 3 : 4850

WEEKLY CHART


- failed to support on 0.236fib
- Tif weekly candle closes on green that would be a good point for a bottoming
- CCI is going up after big bloodbath.

DAILY CHART


- RSI downtrend has been broken. Positive
- MACD crossed and going up
- CCI turned into green after 4 red months
- Moving averages still above of candles yet

4H CHART


- CCI showing good and longer positive action
- Ichimoku cloud broken and stay below candles
- Candles supported by EMA20/50
- Important MA200 remains above candles for now

CONCLUSION

ICX has been performing very good on the last days. Price is really pretty low and if altcoins can survive on cryptocurrency , this seems a VERY good spot to buy.
Small timeframes has been looking good on ICX but still need some bullish confirmation to be sure if that's the right time to start.
However, Market could need some weeks more to start move faster, be patient!.

Good luck ,
Mike
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