Azymetry

ICON Looking For a Reversal

Lång
BINANCE:ICXBTC   ICON / Bitcoin
Much like my Vechain signal from 3 days ago (www.tradingview.com/...eady-For-A-Comeback/) ICX is on the same prosperous trend reversal.

I am expecting sideways movement for the next 24-120h until volume picks up once more. We should be hitting the bottom very soon and its likely to be between the box above. As you can see above it is holding the support line very nicely but If we fail to break out then we could be heading for a deeper 5th wave.Although its unlikely but also dependent on the king BTC. Nevertheless risk/reward ratio is a favorable one.

ICON still one of my favorites long term regardless of the current "noise".

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~Azymetry

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