✳️ ICON Prepares To Quit Its Main Downtrend (Easy 113% to 310%)
Updated
ICXBTC (ICON) has been in a major downtrend for many years now... But it is all coming to an end.
This pair has been dropping since January 2018 and it seems like this is it.
The last four candles, since mid-December, are showing some signs of a potential reversal.
It still needs to develop.
It still needs to take place...
But if prices move and close above EMA10 and break the "main downtrend", ICXBTC has huge potential to move ahead.
Just as it has been dropping for 5 years now, it can grow for many years to come.
Once we hit bottom... Oh, oh!
Out of crisis, opportunities are born.
Namaste.
This pair has been dropping since January 2018 and it seems like this is it.
The last four candles, since mid-December, are showing some signs of a potential reversal.
It still needs to develop.
It still needs to take place...
But if prices move and close above EMA10 and break the "main downtrend", ICXBTC has huge potential to move ahead.
Just as it has been dropping for 5 years now, it can grow for many years to come.
Once we hit bottom... Oh, oh!
Out of crisis, opportunities are born.
Namaste.
Comment
This one produced a stop-loss/liquidity hunt event and then went on to grow by 86%... This type of action is likely to repeat...Buy at support (red), sell at resistance (green).
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