Shotokhan

ICX might pump

Shotokhan Updated   
BINANCE:ICXUSDT   ICON / TetherUS
I had this triangle for some days but I was waiting to see if price kept going up. At the moment I think that in 3-4 days we might see some action from ICX assuming off course that BTC doesn't dump. For a move upward we need this daily candle to close over current VLPR's control line, once we breakout I expect ICX to go 2x (although this won't happen in few days). if instead we go down the triangle's bottom line is the major support, the dashed line is the second one.

I expect ICX to reach at least 2017 price before the cycle end.

Good luck
Comment:
If you entered at my signal you'll be around +10% right now but what matters the most is that ICX is approaching the upper trendilne. Volume looks like it's keeping up with the price increase, good! The first resistance is at 2.46USDT... let's watch!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.