ICON (ICX) broke down the support of big triangleHi dear friends, hope you are well and welcome to the new update on ICON (ICX) coin.
Broke down the triangle:
On a weekly time frame we had very strong support of a symmetrical triangle, but unfortunately, ICX has broken down this long-term support. There was also a 100 SMA support which is also broken down. Now 200 SMA support is still below the priceline which can be the last hope for the price reversal. The stochastic is also oversold on the same weekly time frame which can be also a big support for the price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade