ICX ICON - Quick 5 Minute Update Technical Analysis - Key Support Zones

in icon •  7 years ago 

Waiting for Re-entry between key support Zones

We notice we are currently in support zone one. We have a vast region for support 2 region and support 3 region. There are no bullish signs at the moment. Bitcoin's further correction seems likely, therefore we must tread extremely carefully to wait for more opportune times to enter.

Key support zones thus far
Key support 1 - 5400 - 5700 sat
Key support 2 - 4100 - 5100 sat

An ideal scenario bullish scenario would be an entry under 5K, with an uptrend to target the 0.5 fib level for a possible 37% gain.


Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

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Thank you for the ICX analysis. You the man @philakonecrypto!

I have heavy bags in ICX but I'm not worried. Icon is going to take over Korea.

Awesome! Thanks for giving us an update :)

Thanks for you videos. Also VERY thank you for stressing that we get confirmation before entering trades. I avoided a heavy beat on LTC/BTC today because I waited for confirmation. My stop loss kicked in and I lose only about .0006 LTC and was able to cancel all my other orders.
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thanks love your channel

Love the videos like everyone else said