With Cardano I'll be taking profits at Targets, 20% 618 retracement of the downward leg and at the 886%. For an 8 hour RSI looking overbought. I will try and dollar cost average down and look for a retracement of this leg up most probably 618.
WEEKLY Holy Grail Pattern Confirmed High Volatility incoming!
Support at 618 FIB Retracement weekly chart
Support at 618 FIB Retracement Daily chart
RSI: Bottomed out with bullish divergence
20 EMA Currently sat on it with Bollinger bands starting to narrow on the daily.
Support 618 FIB on both the weekly and the daily. I see price breaking the resistance at 32 usdt and price hitting the 382 extension at around 40 USDT. In the last 2 weeks, we have breached the previous week's highs. Expect to see sell walls at around the 10% extension with the pull back on the daily as low as the 618 retracement.
Holy Grail Pattern completed on the 618 FIB. Today we break out of the previous day's high and hit resistance at the 10% extension. Buyers enter back at the 50% retracement of the previous day. We are now forming a 'HIGH WAVE' candle after an inside bar on the 8-hour chart. Expect high volatility.
ICX 4 hr Chart you cannot help but start noticing some confluence. ICX has pulled back to the 61.8% FIB, which is also the 200 Day EMA meets the fib. The Money flow index and the RSI are both showing a bottom has formed.
Price targets are indicated in blue (Targets are taken using fib extension combined with previous resistance and price action.
Buys are in red...