ICX Technical Analysis - Time To Start A Bag (or hold the one you have)

in icx •  6 years ago 

I do see a big reversal coming for ICX/BTC. As you can see on the chart, we appear to be in a giant falling wedge pattern with the end coming soon. We have been rejected at resistance on the daily timeframe repeatedly, and when we do break through that I think we are going to see a sustained uptrend begin. We are at the bottom of the bollinger bands, stoch and rsi are both low, and we haven't had a daily t3 cycle in over a month. I know people are panicking about alts right now, but that's the perfect time to buy bags of depressed alts. As for the bagholders, hold on tight, I say. Alt season is near.

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6 years ago by

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