This wave generated over 89% profits from bottom to top and ended on the 10 March with a peak at 0.0000990... ICXBTC has been retracing since.
Yesterday after 42 days of retrace a big green candle showed up. This managed to break above EMA10 with good and also challenged EMA50 and EMA100.
Both the and look healthy for additional action.
On the other hand, a close below 0.0000730 can turn this set up from to . And a close below 0.0000660 would completely invalidate all of the above signals, a new analysis would be needed.
So ICXBTC is looking with room to continue moving up. Depending on how the market/Bitcoin moves, this altcoin also has the potential to break its last high relatively quickly, in a matter of weeks.
Feel free to hit like now if you want to show your support.
Thanks a lot for reading... This is Alan Masters.