Hello. There are several things I want to show you.
First of all,
we need to see the chart. I drew three types of line in the price chart.
1.Blue dot line(Support / Resistance line)
2.Pink dot line(I connected open/close bottom price recently)
3.Red line(It's not about the price, it's about volume downtrend)
Blue dot line is showing you that the price was...
ICX/BTC showed insane growth rate, considering its starting price(about 1000 satoshi)
and currently it was making "ascending triangle" pattern, which is classic bullish pattern. (Pink dot line)
The ascending triangle pattern shows us that there is some kind of price wall, so the price cannot pass above that line. in our case, 8500 satoshi will be the "price...