TradingOn

$ICX/BTC 4h (Binance Spot) Falling wedge break and retest

Long
TradingOn Updated   
BINANCE:ICXBTC   ICON / Bitcoin
Icon looks very bullish after that falling wedge breakout!

Current Price= 0.00001964
Buy Entry= 0.00001965 - 0.00001895
Take Profit= 0.00002331 | 0.00002670 | 0.00003269
Stop Loss= 0.00001662

Risk/Reward= 1:1.5 | 1:2.76 | 1:5
Expected Profit= +20.78% | +38.34% | +69.38%
Possible Loss= -13.89%

Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 480h
Trade closed: target reached:
TP1 reached with +20.78% (1x) and 1.5R

Icon pumped as expected, 2nd target almost hit but I'm confident about it!

Trade closed: target reached:
TP3 reached with +69.38% (1x) and 5R

Icon made a textbook breakout move, one of those perfect calls I must say! 🥳


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.