TraderoftheCorn
Long

ICX Setup (ICXBTC)

BINANCE:ICXBTC   ICON / Bitcoin
Looking to enter ICXBTC here in 0.0000266~0.0000272 range. Over the past few days we've broken out of the downtrend and successfully back-tested. Closed above the valley at 0.0000271 and now forming uptrend.

This ones a big of a slow mover lately so might take a few days to climb but looks pretty low risk and potential for breakout soon as we've been stuck in 250~300 range for over a month. Laddering up from 0.0000261, setting stops below here.

Also on the FA side there is staking coming up in August so this could be in for a quick pump if Binance announces support. (see $KMD, $XLM over the past few weeks)

Entry: 0.0000266~0.0000272

Targets:
0.0000288
0.0000339
0.0000404
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