ICON (ICX) Easy 70% Short-Term + 1320% Long-Term

4 mar 2021

You know, first, we look at the daily timeframe for our technical analysis and trades but as the bullish market cycle develops, prices move higher, we go to higher timeframes.

Here we have ICXBTC (ICON) on the daily timeframe.



Here we can see strong bullish action after the 3-Jan. low with prices now aiming at the 22 August 2020 price peak at 0.00006900+ for a total of 70%+ potential profits from the current price.

Let's look at it weekly, there is more.


Notice how ICXBTC is now trading above EMA50 weekly, a very strong bullish signal.

The RSI is at 60, which is also super strong when are looking at higher/longer timeframes.

Thanks a lot for reading.

Remember to have a plan and use a stop-loss when trading.
This is not financial advice.

Namaste.