Dawnchorus

ICON - Plenty of bullish signs = lots of potential barring BTC

BINANCE:ICXBTC   ICON / Bitcoin
Hi Everyone!

According to my charting, ICON has broken its big downtrend.

It looks as if it has formed a big double bottom .

Volume has been good.

Weekly chart shows the MACD wanting to do a bullish cross.

Please reference the fib levels on this chart for potential targets.

Please feel free to comment on what you think about this observation. Maybe you see something that I do not.

Thanks!

Weekly MACD
Sep 22
Comment: https://www.ccn.com/blockchain-for-35-mi... Recent bullish news - Korea's "largest insurance firm" partners with ICON. This coin has been forgotten by many due to the team not communicating that well in the past. However, there has reportedly been much improvement on that front. I think that ICX here is a BIG opportunity.
Sep 22
Comment: The insurance firm signed a MOU, memorandum of understanding with ICON. Partnership is too loosely used in this space, trust me I know, haha!
Sep 22
Comment: If we can sustain these levels, the daily may close as a bull hammer that followed up a bullish engulfing candle.
Sep 22
Comment: So that candle did close as a bull hammer. We also opened the new daily candle above the 20 day moving average. Things are looking good right now.
Thanks dude
+1 Reply
@abufiras, No problemo, I hope this is a success!
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rejection stronger at 1000 sats
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abufiras abufiras
@abufiras, ^^ 10k
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@abufiras, Short term I agree, there has been a battle @ 1000 sats. Short term I expect us to probably hold up above the .618 fib personally.
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