Hello everyone, embrace your inner Bear. We are all Bears right now, even DA Bull is a Bear. ICX is no exception to the rule.
As BTC continues its downward spiral into the abyss of $7.5k, $6.1k, $3k levels (yes, $3k is a possibility!) we still take a look at other realms of crypto. Here on ICX I'm drawing up the potential for 0.00017 levels.
ICX recently made a move and it looked like we had a breakout happening here. Volume was moving strong, big green candles were getting drawn up, even some analysts said here it is! However, the ICX Bulls forgot to take a peak at what BTC was doing. There are no descending wedge breakouts with moon potential to be had until BTC is strong...strong like bull.
On our ICX chart here we threw an Elliot Wave sequence on and used fib levels to predict price. This showed us the potential for wave 5 to reach down below 0.00017. Take note of the dates on the bottom. Does that date range look familiar?
G20 anyone?
Stay tuned for my update on BTC in the next day or two. We at Digital Alpha have been paying close attention and will be able to show some potential price targets to nab some btcs at the bottom (fingers crossed).
That is it for now and the quiet land of crypto on March 15th. There will be plenty of fireworks to be had shortly so let's take a quick respite before we just go ape poop.
Have a great day everyone!
- DA Bull
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As always - DYOR
Digital Alpha is not a licensed financial planner, financial advisor, stock broker, investment broker, or investment advisor. Before making any trades, check with a financial planner, investment advisor, tax advisor, or anyone else that controls your finances to make sure trading is right for you. The information provided here should not be construed as individual investment advice. All information presented on this site is the opinion of the author only and is not a solicitation to buy, sell, or hold any investment or security of any kind.
As BTC continues its downward spiral into the abyss of $7.5k, $6.1k, $3k levels (yes, $3k is a possibility!) we still take a look at other realms of crypto. Here on ICX I'm drawing up the potential for 0.00017 levels.
ICX recently made a move and it looked like we had a breakout happening here. Volume was moving strong, big green candles were getting drawn up, even some analysts said here it is! However, the ICX Bulls forgot to take a peak at what BTC was doing. There are no descending wedge breakouts with moon potential to be had until BTC is strong...strong like bull.
On our ICX chart here we threw an Elliot Wave sequence on and used fib levels to predict price. This showed us the potential for wave 5 to reach down below 0.00017. Take note of the dates on the bottom. Does that date range look familiar?
G20 anyone?
Stay tuned for my update on BTC in the next day or two. We at Digital Alpha have been paying close attention and will be able to show some potential price targets to nab some btcs at the bottom (fingers crossed).
That is it for now and the quiet land of crypto on March 15th. There will be plenty of fireworks to be had shortly so let's take a quick respite before we just go ape poop.
Have a great day everyone!
- DA Bull
-----
As always - DYOR
Digital Alpha is not a licensed financial planner, financial advisor, stock broker, investment broker, or investment advisor. Before making any trades, check with a financial planner, investment advisor, tax advisor, or anyone else that controls your finances to make sure trading is right for you. The information provided here should not be construed as individual investment advice. All information presented on this site is the opinion of the author only and is not a solicitation to buy, sell, or hold any investment or security of any kind.