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ShanghaiCrypto
Feb 21, 2019 6:04 AM

ICX - playing the bounce Long

ICON / US DollarBinance

Description

Three options seem obvious to me with this ICON set-up. One is to buy the upward trend line to the top of the range at .30 for potential 20% profit. Another is waiting for a retest of .18 before buying the bounce and riding it back to .30. Last, we could stand pat until .30 breaks and we get a big push out of the current range.

Comment

not much has changed here. Will probably touch .30 before drifting down for a rebuy at .18. Breaking either of those levels is a big deal.
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