ICON / Bitcoin
Long
Aggiornato

ICX/BTC - Setting up for a long

886
There is a cluster of fibs around 3.3k sats on ICON. Bullish divs on oversold areas provide more confidence for a long set up at those price levels. Pitchfork channel support also (1.5) -got tilted on the published chart but its kinda visible on the pic below.

Detailed count:
istantanea
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It pierced through the target with an extention on the subwaves, next chance for long is at 30xx sats. The majority of the alts are positioned for a bounce, its just the typical capitulation on crypto markets.

You can wait for your thick moku to get slimmer and go for a 10% profit or you can attempt to catch a knife and go for 40%, its just a matter of preference.
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istantanea
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Almost there, pay attention to the orderbook.
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If you paid attention to the orderbook, that was a +9%. Did your moku or CMF catch that? LOL!
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Its impossible, untill it happens. Someone inform the "oracle" of this site.
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This is a good area to take some profits and reload on a potential retracement later on.

Same goes for ADA around 2.9k sats in case you are trading it.
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istantanea
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Will be updating for targets here and on EOS since the chart is not that visible.
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Watch for a potential bounce at those levels. Its right at the original target again and forming a doji on the daily.
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istantanea
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Its still holding on the second target of the retracement after this market sell off.
Now, before you panic and start screaming 3k, think about this: as long as BTC is trading above ~6.5k (or even 6k) and this doesnt break the low, it can be your last chance to buy alts that cheap.
Trade chiuso: stop raggiunto
Count is invalidated. Although it will bounce i have to re-label the whole thing.

Have a look at this idea for a potential bounce on the crypto market.
Crypto Index at resistance
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Cant find a count on the BTC pair but there was one on usd. Most likely the bottom is in, anything below invalidates the whole count cause it breaks the ATL.
istantanea

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