The bounce that ensued on the 12th of this month launched from .5239 and topped out at .6766. Looks like the range has tightened to be between about .60 to .67. Bear volume is decreasing and the RSI at 49 is neutral. We are barely holding the 12 or the 26 period EMA's. The last few months ICX has been a pretty decent coin to trade, so I will continue to watch, but I will watch it closely along with Bitcoin. My personal move at this point is to sit it out, I do not see any setups right now, but should the RSI dip back towards the 20's or we either break up or down out of this range I will be patiently waiting.
Support: .59, .60
Resistance .66, .67
Volume: decreasing
RSI .49 and dropping, neutral trending bearish
Just a disclaimer: I do this mostly as a learning experience to become a better trader. Take what I say with a grain of salt.
Support: .59, .60
Resistance .66, .67
Volume: decreasing
RSI .49 and dropping, neutral trending bearish
Just a disclaimer: I do this mostly as a learning experience to become a better trader. Take what I say with a grain of salt.