After Extreme Sell-Off ICON (ICX) Has Lost A Long-Term Support

in HODL3 years ago (edited)

▶️ Watch on 3Speak


Hi dear friends, hope you are well and welcome to the new update on ICON (ICX) coin.

Broke down the triangle:
On a weekly time frame we had very strong support of a symmetrical triangle, but unfortunately, ICX has broken down this long-term support. There was also a 100 SMA support which is also broken down. Now 200 SMA support is still below the priceline which can be the last hope for the price reversal. The stochastic is also oversold on the same weekly time frame which can be also a big support for the price reversal.

image.png

Don't forget to upvote/tip and share the post, thanks

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882

Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.


▶️ 3Speak

Sort:  

Just subscribed to your YouTube channel:)

Posted Using LeoFinance Beta

Just subscribed to your YouTube channel :)

Posted Using LeoFinance Beta

Thanks