ICON (ICX) Bullish Divergence, possible long.
Updated
ICX has been on a freefall for the past few weeks. However, each time the RSI reached oversold we have had a small bounce. This could be another one of the bounces.
Signals:
Bullish Divergence on 1 hour
A bounce from support
Buy in:
1472
Sell:
1500
Stop loss:
1454, where the previous support has been. If we bottom out here it could be anywhere from 1-6% over the next 2 days.
Signals:
Bullish Divergence on 1 hour
A bounce from support
Buy in:
1472
Sell:
1500
Stop loss:
1454, where the previous support has been. If we bottom out here it could be anywhere from 1-6% over the next 2 days.
Comment
I already entered, we can see the stoch has room to play with and ICX has a bullish div on the 15 min.
Comment
We have a combined 10btc buy wall so far. Sell wall to target is 4 btc. However, keep in mind they could be removed at any time.Comment
Bulls and bears still fighting, hard to say.
Comment
I'm guessing people are tempted to get out right now.
Trade closed manually
I got out at 1474. I'm moving my funds to a better trade. This one is still on the watchlist.Related publications
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