We have been inside this range for 5.5 months now
Things could fall to the downside!
although considering we have already put in the low with a slight uptrend, i think the chances are slightly favoring a explosion to the upside.
Please let me know what you guys think
ICX just got itself out of a bear flag, broke above the downtrend line, and has established a level of support to move higher.
Overall looks like the bull flag/pennant/continuation is confirming here.
I am biased towards ICX, so let me know if you think any of this is not valid.
ICX has started a new Elliot Wave, with upcoming ICO's being used on the ICON platform, combined with ICON's southeast pacific tour, the probabilities seem that we will recover close to the All Time Highs again here in the next few months.
Hopefully we can see ICON ICX be one of the first coins to break away from following Bitcoin's path
Icon is also moving away...
Watch to see if it can hold this short term trend line, if not I will probably have to believe the ones who say we will fall into the 8000's range.
Just be patient through the end of January to see what this does...be patient and don't be impulsive
If this thing breaks previous resistance, we will be in blue sky breakout mode, and when that happens there is no telling when it will stop
We also already broke out of the symmetrical triangle to the upside which is already a bullish indicator
More risky of a trade, but also a great reward with some momentum picking up
New to trading and would love some feedback to if this is a proper cup and handle formation, if it meets all the requirements and standards of a proper cup and handle
