cryptocurrency forum

ICXBTC technical analysis

Discussion in 'Expert Level' started by Arpit, Dec 31, 2018.

  1. Arpit

    Arpit Moderator Premium Member

    Messages:
    624
    Likes Received:
    51
    Trophy Points:
    43
    Credits
    25%
    Screen Shot 2018-12-31 at 3.03.02 pm.png


    ICXBTC now is in strong support zone (near the bottom) at the moment. It's in accumulation zone.

    It's a great long-term buy opportunity if you check fibbonaci targets first is at 2571 sats which is aproximately 4x from here but the main target is 0.618 fib which is 5845 sats (823.47% potentialy gain) in long term.
    The near term resistance is near 100EMA(dark yellow line).
    It can be a buy at the the moment with strict SL of 10% and with targets 70-80%. The risk reward is good at the moment and can be accumulated.
     

Share This Page