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This is an update to my ICX/ETH breakout chart, which fell below its resistance. However, I wish to update the chart with ICX's BTC pairing since we have 5x the volume on this pairing.
ICX is currently testing support. When dipping below this resistance followed by an uptrend, we may see a reversal. Note the symmetry in the triangle pattern where the...
previous resistance at 6800, which matches up with fib retracement. Elliot wave is testing lower resistance w/in the rising wedge...upon breaking previous resistance we will see 6800 price point.
The bullseye is around the time-frame of when XRP will break the sideways movement and form into a bearish trend for the short-term. When the new bearish channel forms, wait for a break of this to place a buy, this will be the time.