💎 ICX has undeniably attracted significant attention in the market with the formation of a double-bottom pattern.
💎 There is potential for ICX to attempt a breakout above the resistance neckline of this pattern. A successful breakout could pave the way for significant upward movement towards our target strong resistance area.
💎 However, if ICX fails to break above the resistance, there is a possibility of rejection, leading the price back to the support area around 0.285 to gather new momentum.
💎 ICX must bounce from the support area to make another attempt at breaking above the resistance of the double bottom pattern. Failure to bounce, or worse, a breakdown below the support, could signal further downward movement for ICX.