ICON (ICXUSDT) managed to closed above all of the moving averages last week but one, EMA200 (purple).
Today, current session, ICXUSDT is moving above it and this open the doors for explosive, fast growth.
MA200 is also relevant as a moving average and was conquered as resistance just 5 days ago.
The entire setup is pretty strong because we not only have the moving averages being left behind but the trading volume is obviously leaning towards the buy side, not to mention the ascending channel (higher highs and higher lows).
We have mainly two targets in mind, 113% and 210%. This can happen fast if ICXUSDT manages to close above EMA200 today.
That's all.
Thank you for reading.
Namaste.
Today, current session, ICXUSDT is moving above it and this open the doors for explosive, fast growth.
MA200 is also relevant as a moving average and was conquered as resistance just 5 days ago.
The entire setup is pretty strong because we not only have the moving averages being left behind but the trading volume is obviously leaning towards the buy side, not to mention the ascending channel (higher highs and higher lows).
We have mainly two targets in mind, 113% and 210%. This can happen fast if ICXUSDT manages to close above EMA200 today.
That's all.
Thank you for reading.
Namaste.
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