From the class of 2017 ICO boom
Showing signs of a recovery pump
should you participate ?
You should always lean into fresh altcoins with a strong narrative when you can.
But sometimes the older coins can provide action in the dull moments when other coins are consolidating ..
Almost too much noise on this chart. Most of this was mapped out a long time ago.
Long term holding a bag that I will be adding to.
I think we are ready for something good in this cycle :)
The bullish wave count was invalidated, and the deep dive has continued. Current movement to the upside seems to be corrective, and I expect another leg down, targeting previous 0.168 low.
Even if the green descending trendline breaks, I´m not bullish below the gray trendline and resistance.
We have been wrong in our analysis all this while cus we keep ignoring this gap that needs to be filled before the leg up, I'm buying after it is filled up. Inshallah.
ICX's price drop did not reach the previous all-time low from 2020, and we could be in the first wave of a new uptrend.
My primary count considers that we are currently in blue wave 5 of black wave 3. Therefore, I expect a text of 0.50 before another pullback (which would be black wave 4).
Price got rejected at 0.48 resistance and retraced back to the 0.34 support and now I'm expecting price to break the 0.48 resistance and move toward 0.58 where we will witness a little correction before finally breaking the 0.68 resistance. Follow me for more update for I shall update y'all as we move along. Inshallah.
CRYPTO:ICXUSD
ICX short tern and mid term Targets
ICON is a blockchain-based platform that aims to connect various blockchain networks and create a decentralized network of networks. Its native token, ICX, is used to facilitate transactions on the ICON network, as well as for voting rights and governance.
Here are some key aspects to consider when analyzing...
ICX already broke out of a massive falling wedge.
If the market doesnt go to shit in the next couple of days / weeks we could see 60 cents per ICX and even higher!
With the price of ICON having just been rejected by a long downward trend line and bouncing off historical levels of support/resitance; and a strong Sell signal from Crypto Tipster v2, we're thinking now is the time to Short ICXUSD!
There may be a little turbulence on the way down, but it's a long way down when you consider the next major support won't be until...
