tired_man_willis

ICX Short Term Play 4hr

Lång
BINANCE:ICXBTC   ICON / Bitcoin
ICX had a nice 22% bounce since the bounce from $7k. After some green days we are finally getting the pullback that is needed.
BTC is floating around $7.5k for the time being and can possibly retrace a little more around $7200.
That being said, a drop in BTC will result in a drop in alts.
This box that I've drawn is my buy zone and I have a few orders layered up.
Additionally, I'm looking to see if the candles hit the trendline which could signal a potential double bottom.

Things to add: Volume is declining signalling a potential break soon. RSI looks to bounce, historically, off the 20 or right above it.

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