Icon (ICX) has been doing incredibly well respecting support levels. But it seems like demand has been racking up with higher lows being created, meaning that with each retrace, people are seeing more opportunities to buy ICX before support even reaches. A technical higher low is a very bullish sign on the weekly. We can be potentially looking for a massive breakout within the upcoming months, and this may be no better time to accumulate.
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Note
ICX is now hitting our first resistance target.
Note
As predicted via probabilities, we have seen a major profit taking at the first resistance levels. This can indicate that we may still be on our way down to create another higher low.
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🌎 Telegram | t.me/xforceglobal
📢 Twitter | twitter.com/XForceGlobal
🎥 YouTube | youtube.com/c/XForceGlobal
📢 Twitter | twitter.com/XForceGlobal
🎥 YouTube | youtube.com/c/XForceGlobal
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.