ICX/USDT Break this area, next stop is Bullish Flag resistance!

💎 ICX has recently exhibited significant market dynamics. Presently, ICX is encountering resistance in the supply area, where it has historically faced rejection.

💎 However, if ICX manages to successfully break out above this area, it could trigger a bullish momentum, potentially leading to the continued upward movement toward the resistance trendline of the Bullish Flag pattern.

💎 A breakout from this pattern could pave the way for further gains, possibly reaching our target area.

💎 Conversely, if ICX fails to break above the supply area, there's a possibility of price rejection, leading to a downward movement towards the support area or even the demand area.

💎 The demand area holds crucial significance as it often serves as a pivotal level for price action. A bounce from this area could indicate renewed buying interest and potential for another attempt to break out above the supply.

💎 However, if ICX fails to hold above the demand area, it would signal weakness and potentially lead to a bearish trend reversal, with the price likely heading further downwards.