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jassem91
Mar 5, 2018 11:16 PM

ICON/BTC Crucial support Zone Long

ICON / BitcoinBinance

Description

Icon is tethering on a crucial support zone. A break below would show no strength at all against BTC pair. I didn't think ICON would show such weakness. Mainnet was released and it dumped as expected, but the consolidation has been ongoing for weeks now.

I hope ICON will hold this support and we begin accumulation. Altcoim winter is among us, but we all know whats comes after Winter :)

Be patient and hold strong, ICON is a great long term investment and i am as bullish as ever.

Comment

RSI on the 1D chart is showing oversold. We may go lower if it hits the 20 on RSI i would be loading up.

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