ICX bottom 80% confirmed: wyckoff accumulation in volume zone
Bottom is forming. Or at least really near, my call last time for ICX was longterm accumulating sub 1000sts still intact, here are some strong signs of bottom accumulation (yet still only 80%, the other 20% is BTC price which wont show in ICX chart ofcourse)
- Volume zone accumulation with clear spring test back in August. (See volume zone chart)
- RSI also break out 1 year down trend in August. (You could see RSI chart)
These indicators are showing you the truth of what happening in the past 10 month bear market, they dont tell you possible entry price, but they tell you time to accumulate for longterm play. It was evidently in detecting supply/demand imbalance.
Note: My call are longterm call so be prepared for any flash crash test to 500 or even 300. Small position will help you navigate the psychology volatility when investing in altcoins
Longterm target: 5000 - 8000sts
- Volume zone accumulation with clear spring test back in August. (See volume zone chart)
- RSI also break out 1 year down trend in August. (You could see RSI chart)
These indicators are showing you the truth of what happening in the past 10 month bear market, they dont tell you possible entry price, but they tell you time to accumulate for longterm play. It was evidently in detecting supply/demand imbalance.
Note: My call are longterm call so be prepared for any flash crash test to 500 or even 300. Small position will help you navigate the psychology volatility when investing in altcoins
Longterm target: 5000 - 8000sts
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