ICON fulfilling the head and shoulder bearish pattern! Further consolidation is possible but It must Hold 200MA, otherwise icon will see more blood and hit around 0.3 levels
LET ME KNOW WHAT YOU THINK!
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I dont think we will see much more correction for this asset. It is generally cheap for an enterprise solution blockchain ready to run South Korea. Most in the know are aware of this. It has some formidable steaking returns too.
Massive potential. Zoom out on the weekly and you will see how oversold and undervalued it really is.
guygains
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Not according to my chart. We tested it.
Dmoootje
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The right bottom of your left shoulder is before the top of the left shoulder? Isn't this an invalid pattern?
crypt0analyst_
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@Dmoootje@Dmoootje thanks for the input! Head and shoulders formation can happen flat, inclined or declined.. In this case, we are failing to continue the upward channel
IasEn
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with two new defi projects starting on ICX and 2.0 by Feb 2021, I dont think we gonna see so much of a sell pressure...
zzwen
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its invalid rsi is very oversold
zzwen
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followed by macd crossover
crypt0analyst_
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@zzwen thanks for the input! that’s my final target after recovering a little to the upside
crypt0analyst_
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@zzwen@zzwen we’ve seen crypto drop down to 20 rsi
Massive potential. Zoom out on the weekly and you will see how oversold and undervalued it really is.