We love to see this chart. Looks like ICON just finish it's first price action wave. Which is we think that the bottom is in. Why?
1. Price is back to the level where it was started on the first day it listed on Binance. Under 10k sats is really a bargain.
2. The price action getting closer with the ichimoku cloud, which mean it's getting closer the reversal. it isn't valid yet, but can use this as additional opinion.
3. Another indicator which as you see that ParLE and ParSE again says that will be a good entry right there.
but RSI level is showing a bear sign which we're not really happy. above all R:R ration on this chart is quite great, supported by fundamental reason we think ICON is one of the coin we should play in in few weeks ahead.
@tojestmihciu, yes, indeed. do you think it will go lower tho?
tojestmihciu
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@cosmiccapital, Half of current price is not out of range.
Darkside999
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@tojestmihciu, you have to look at satoshi price not the damn fiat price lol..this is ICXBTC..satoshiwise we are close to the bottom..which is around 600 sats
banned
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@wildbeast, quite agree mate hahaha! well 600 sats. Hmm interesting. I will put that on reference. Could you let me know why?
Darkside999
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@cosmiccapital, if you check binance its almost where it started..technically its 6000sat area but binace shows as 600 sat idk why haha
IONCHRONO
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definitely a good one to hold, double bottom is bullish :)