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Bullish Divergence ICX/BTC 4h Chart

BINANCE:ICXBTC   ICON / Bitcoin
ICX showing a bullish divergence with a lower low against BTC and higher low on the RSI . Furthermore we are nearing an important support line.
A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend!
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