ICX/BTC - Binance
Apply Elliot Wave Oscillator from late April 2018 to now, we can easy to find which wave we stay in. We are in wave 4 up correction in Elliot.
Wave 3 approximately 3.272 Fibonacci Extension with Wave 1.
Also Using Fibonacci Retracement we can find the target correction for Wave 4 ( the zone of Fibo 0.382 with Wave 3 and Fibo Extension with Wave 1 ) / 2368 satoshi
Using Fibonacci Extension from Wave 3 we can find the target for Wave 5 is 269 satoshi.
We return to now for analysis several indicator for momentum of uptrend in Wave 4.
Now we are in nice uptrend with numerous good points in indicator. We will wait it for break up the pattern (upper band)
Bollinger Band has been tighten with high volume showed by VPVR indicator >>> the price will break up from here
WMA14 are in breaking up WMA49 and WMA105, this is very clearly signal show bull will win
DMI 4C has lower red column >>> bear is weaker and nice up bounce will start
RSI in uptrend line
The price will come to 1760 (Fibonacci 0.236) and has down correction to 1379 (Fibonacci 0.144) before pumping to 1095 (Fibonacci 0.382). After that the price come to 191 (Fibonacci 1.618 Extension)
Apply Elliot Wave Oscillator from late April 2018 to now, we can easy to find which wave we stay in. We are in wave 4 up correction in Elliot.
Wave 3 approximately 3.272 Fibonacci Extension with Wave 1.
Also Using Fibonacci Retracement we can find the target correction for Wave 4 ( the zone of Fibo 0.382 with Wave 3 and Fibo Extension with Wave 1 ) / 2368 satoshi
Using Fibonacci Extension from Wave 3 we can find the target for Wave 5 is 269 satoshi.
We return to now for analysis several indicator for momentum of uptrend in Wave 4.
Now we are in nice uptrend with numerous good points in indicator. We will wait it for break up the pattern (upper band)
Bollinger Band has been tighten with high volume showed by VPVR indicator >>> the price will break up from here
WMA14 are in breaking up WMA49 and WMA105, this is very clearly signal show bull will win
DMI 4C has lower red column >>> bear is weaker and nice up bounce will start
RSI in uptrend line
The price will come to 1760 (Fibonacci 0.236) and has down correction to 1379 (Fibonacci 0.144) before pumping to 1095 (Fibonacci 0.382). After that the price come to 191 (Fibonacci 1.618 Extension)
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