Short

ICX is about to retrace upwards

Updated

Looking at the 4hr chart of icxbtc we see strong signs of short term retracement upwards.
1) MACD is about to cross
2) Strong bullish divergence on the RSI
3) It passed the 0.786 fib level and finally seems finding some strong support
4) We have to see volume increasing a bit more
5) Play the trade always with an eye on the btc chart as every alt is 100% affected of btc moves

Also icx has strong fundamentals it is a great coin and project for the future and even for longterm it is a great chance buying it at that price.
30 June lauches DEX

Trade active

6) Keep also an eye on smaller timeframes to confirm how strong is the chance to go upwards.There is hidden bullish divergence on the RSI in every chart although that the bulls seems a little bit hesitant to make the big move because of btc and the general market sentiment.BUT if and when it comes, ICX becomes bullish so fast concerning the past

Trade closed manually

So we saw a nearly 7% bounce until 2589sat yesterday.Took profit around there and as our beloved btc got hit again by the bears shorting icx was the best option.Sell higher than your first entry to buy lower after the affection of bitcoins pull down.Waiting for btc to stabilize at its new situation to enter icx before tomorrows DEX launch.My target to enter is between 2305-2325 although if it doesnt reach i will enter either a bit higher than that range

aleXChas7

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