ICON / BitcoinLong
ICXBTC recovery
The lowest point of ICXBTC was 767sat in the previous days.
We can start a trade on ICXBTC buy-in.
icxbtc 974-1050sat buy in
Stop loss at 850-900sat(depends on BTC and ETH trend)
1st target 1290sat
2nd target 1390sat
3rd target 2200sat
4th target 3500sat
and long HODL!
If you believe that ICX is not going to 0, the above is just the recovery of Bear market. A new bull run will begin after breaking 4000sat.(Again,it depends on BTC and ETH trend. I expect it to happen after BTCUSD breaks 10000USD.)
The above analysis is mainly based on the swap rate on critical level.
How many target(s) above we can meet is depending on HOW LONG THE BULL OF BITCOIN can go. Putting a trailing stop order of 150sat is always good for risk management.
We can start a trade on ICXBTC buy-in.
icxbtc 974-1050sat buy in
Stop loss at 850-900sat(depends on BTC and ETH trend)
1st target 1290sat
2nd target 1390sat
3rd target 2200sat
4th target 3500sat
and long HODL!
If you believe that ICX is not going to 0, the above is just the recovery of Bear market. A new bull run will begin after breaking 4000sat.(Again,it depends on BTC and ETH trend. I expect it to happen after BTCUSD breaks 10000USD.)
The above analysis is mainly based on the swap rate on critical level.
How many target(s) above we can meet is depending on HOW LONG THE BULL OF BITCOIN can go. Putting a trailing stop order of 150sat is always good for risk management.
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