| Icon $ICX | Cup & Handle Formation | 5/6 |
Updated
Technical Analysis:
- Cup and handle formation seems to still be in play
Possible 30+% trade if Target 1 reached
- Awaiting bullish cross of the bars & 34d Ema
Support/Buy Zones
~4000-4200 sats
~3550-3750 sats
Fundamental Analysis:
- ICONest Webpage Launch - May 11
- ICX / ETH Decentralized Exchange (DEX) Launch - End of June
Short term (1-3 days): Bearish
Mid-Long term (1+ weeks): Bullish
- Cup and handle formation seems to still be in play
Possible 30+% trade if Target 1 reached
- Awaiting bullish cross of the bars & 34d Ema
Support/Buy Zones
~4000-4200 sats
~3550-3750 sats
Fundamental Analysis:
- ICONest Webpage Launch - May 11
- ICX / ETH Decentralized Exchange (DEX) Launch - End of June
Short term (1-3 days): Bearish
Mid-Long term (1+ weeks): Bullish
Note
*EDIT*Support/Buy Zones
~40k-42k sats
~35500-37500 sat
(fourty and thirty thousands not four thousand and 3 thousand sats value)
Apologies.
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