ICX is heading towards a correction here shortly most likely. Keep a close eye on it. I would think buying in this low is a safe bet for now. It also has some support a little lower.
Ticker: 15 minutes (Always double check with the 4 hour then 2 hour then 1 hour then 15 min then 5 min in that order)
Chart: Fibonacci indicated we should see a reversal soon to some extent Chart 2nd: Boll bands also suggest this Chart 3rd: Moving averages favoring reversal soon
First Indicator Chart: Volume - we need this to go up above the EMA/SMA white line you see which may happen here shortly. Second Indicator Chart: RSI + Built in Moving Average - This is hitting a low indicator and has MA favored Third Indicator Chart: MACD / Double Confirming 2nd indicator also favored right now Fourth Indicator Chart: RSI + Buy Signals + Sell Signals New Lows (this one is great this is the two huge red bars which basically anytime you see two new lows back to back it basically hints the reversal is soon since it would be atypical for it to have more than two back to back.
LOL using 4 indicators to decipher price action and you call moving averages basic. Good luck with the investopedia articles
DigitalData
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@NelsonVanAlden, I know you are slow, but if you use your eyes there is the EMA and MA all avg together on the chart. A+ for being slow though!
EMT786
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@DigitalData, If you can comprehend basic english, I didn't say you're not using MAs. I said you're using 4 indicators to decipher price action. When they're all lagging indicators so well done PAL.
DigitalData
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@NelsonVanAlden, Well if you knew anything about trading the EMA and MA only tell you 30% of the story. Clearly you miss that point. Have fun losing money :)
EMT786
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@DigitalData, what metric did you use to work out the 30% genius? You should write a book
DigitalData
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@NelsonVanAlden, I dont take chances ever. I dont assume, guess, any of that. Just checks and balances till I know where its going. Good luck at the MA Casino hahaha
EMT786
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@DigitalData, lol you talk so much bullshit. I'll let you in on a secret - if you want to come across knowledgeable and put forward a coherent point, try sticking to the actual point. You must be Satoshi himself