IICX seems to be bullish in the short term with the creation of the C&H pattern, but let's get some perspective here. There's a rising wedge being created since these pumps have started. This is very bearish and would expect a pull back to create a higher low from the previous low @ 21k sats.
I'm very bullish on this in the long term, so any dips are great to add on to the bag. Despite this pattern being created, I can't imagine a bearish outcome in the coming months with so many coins pumping. Just something to watch out for, have a great day!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.