ICON is likely to be a coin of 2018 - aiming to build interoperability between blockchains. 50% of their tokens were sold. Recently listed on Binance, so very little information is availible for TA. ICON was recently pumped and is following a bullish pattern. This is a 4h chart. Buy zone - 3147 Stop loss - 1973 Target 1 - 6495
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Based on Stoch RSI and MACD, I think ICX might re-test its support level soon giving us another buy-in opportunity.
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Stoch RSI is looking bullish, we may see a break out sooner , then I thought
Note
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The triangle is broken, we are on the way to our 1st target
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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.