Bear markets can be rough. I am not ruling out a -90% drawdown, however I see it as unlikely that it will get to $20. Here is my plan for the next 1-3 years in case price does go that low.
This will be one of the most popular Layer Ones again in the next cycle. It has too much institutional support from big players, and has proven to be sticky with a subsection...
Double bottom leading to 2 bullish engulfs, broken supply retested and held. Looking for a long up to the next big demand zone. Move could stop above previous swing high where stops will be (blue line).
Double bottom leading to 2 bullish engulfs, broken supply retested and held. Looking for a long up to the next big demand zone. Move could stop above previous swing high where stops will be (blue line)
After a strong bounce off the bottom of the demand zone and subsequent rejection from historic support/resistance, I can see the price returning to the demand zone and bouncing to the supply zone (target 1)
Heading towards the end of not one, but two, wedges; very good volume; hidden bullish divergence on RSI; price above bullish cloud and tenkan is above kijun. We could see a return to the trend line before breaking to the top of the triangle.
ICX looking for its next leg up. In consolidation for a while now after the pump as a result of the Korean exchange listings. Bullish divergence on the RSI. Price wicked into the cloud and was rejected, but we should see it break through soon. Low volume a concern.
