ICX.btc Rocket still going but Caution: Major Resistances aheadUpdate to my Previous Plot that Caught the EXACT Bottom (click) .
Icon has been been the super star rocket of the week.
It has blasted through several resistance zones already.
But we are heading towards "wave ending" fib ratios.
Of course, it may still keep blowing through resistances as if non-existent.
But as we all know, it could come crashing back to earth at any moment.
So this map is designed to spot possible top and then retrace points.
3622-3701 is immediate resistance that we just hit and was noticed.
3897-3943 is the next zone, should be even stronger that last one.
4655-4721 is probably the maximum expectable for this wave.
If we stall out and start a significant retrace, I will post a new plot.
We may have topped at the time of this posting, am watching closely.
I am now Trailing a Stoploss, keeping a fib between me and the price.
Here is the previous map that caught the bottom (and all fibs are still relevant):
