$ICX / $BTC : Putting in a possible higher low on the monthly.

Some alts are starting to look good in the cryptocurrency market at the moment.

ICX is:

-Bouncing off the 0.382 fib
-Bouncing off a orderblock
-If this bounce continues it will be a higher low
-Bullish retesting off two downtrend resistance lines (see comments for more detail)
-RSI is above 50 and looks like its bouncing (see comments for more detail)
-Possibly bullish retesting off a flag pattern
-Crossing above 18 day MA on some timeframes

Grey areas are orderblocks, once price clears a orderblock and it claims it as support/resistance expect it to head to the next one.

A close under 3000 is dangerous, and can invalidate the idea in the short term because we have formed quite a strong support there.

Comment:

Bullish retest off two trendlines

Comment:

Possible bull flag retest, Also look at the RSI above 50 and bouncing

Comment:

Alt coins look positive, but have to be cautious of BTC and what its doing.

If BTC has extremely viotality then the alts can just dump off at anytime.

More explained on this idea here:

Comment:

Im thinking ICX may come down a little to try put in a right shoulder for Inverse head and shoulders.. See my other 3 ideas which have a similar fractal at the moment..

Comment:

So far coming down a bit like i said.

Note we have retest of a massive weekly bull flag

So as long as we hold that structure it should do well
Watch for the formation of a right shoulder for IHS.

Comment:

Icon heading down as i said, pay attention for a right shoulder of the inverse.

Comment:

ICX Is starting to look positive