ICON / BitcoinLong
$ICX Measured Moves
Been noticing a lot of measured moves in several alts lately. Bottom could be in, but if BTC continues to move up I could see a retracement to the 1364-1464 happening. I absolutely do not see IICX falling below these levels. I have been laddering slowly into a short/medium term swing position since around 1780 SATs -0.53% . A retracement to these levels would be around one of its 38% moves down as shown in the chart.
BTC continues to move up I could see a retracement to the 1364-1464 happening. I absolutely do not see IICX falling below these levels. I have been laddering slowly into a short/medium term swing position since around 1780 SATs -0.53% . A retracement to these levels would be around one of its 38% moves down as shown in the chart.
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