UPDATE SHORT ICX TO THE BOTTOM
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UPDATE SHORT ICX TO THE BOTTOM
ICX is coming back home again Look for ICX to drop even further. Given ICX's correction behavior for the past few months, it likes to drop hard and fast. Don't take this trade.
BTC is working itself for a double bottom at 6K and I still believe BTC will slide even more to 4.99K to reach it's 0.118 FIB retracement (see my other BTC chart.)
We have strong support for ICX at 2090 stats from the previous bull run (blue dash line), the base of ICX's previous B wave rally (red horizontal line) and FIB level .118 from 3/18.
Look for a BUY-IN entry for a long term hodl position between 2453 and 2152 stats before April 15th.
This analysis is for educational purposes only and not financial advice.
The Unicorn of the Sea
- Narwhal
ICX is coming back home again Look for ICX to drop even further. Given ICX's correction behavior for the past few months, it likes to drop hard and fast. Don't take this trade.
BTC is working itself for a double bottom at 6K and I still believe BTC will slide even more to 4.99K to reach it's 0.118 FIB retracement (see my other BTC chart.)
We have strong support for ICX at 2090 stats from the previous bull run (blue dash line), the base of ICX's previous B wave rally (red horizontal line) and FIB level .118 from 3/18.
Look for a BUY-IN entry for a long term hodl position between 2453 and 2152 stats before April 15th.
This analysis is for educational purposes only and not financial advice.
The Unicorn of the Sea
- Narwhal
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