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BloomFisher
31. Jan. 2018 12:47

[ICON] "Rising Wedge" & unexpected gains!! 

ICON / BitcoinBinance

Beschreibung

Icon has gained absolutely perfectly after breaking 0.00500 resistance and has reached it's highest high at 0.00900 We are now watching key support at 0.00700 (Dynamic Support, Fibonacci grid &) where a clean break of this level would open a potential drop to 0.00500 after a formation of Rising Wedge (Reversal) pattern,

RSI (High) crossing 40L (an implement of oversold zone) where minor gain is expected!

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Trade ist aktiv

Expected to break early!!

Trade ist aktiv

There you GO!

Kommentare
Jameshardyl
Thnks for analysis!
BloomFisher
@Jameshardyl, YW ^_^
aidanb
Every other chart is calling for another upside impulsive extension. Also this isn't a shitcoin
MauroGolin
@aidanb, Oops!
UnknownUnicorn1966959
So, what's the target for first arrow? between 90-95k?
Robinburinga
@mosa.motamedi, The chart means you should short.
UnknownUnicorn1966959
@Robinburinga, I know, but there is one last leg up b4 drop. i would like to know what is the target for last wave b4 drop?
Dublindude
@mosa.motamedi, Look at the graph, it provides the information you seek.
UnknownUnicorn1966959
@Dublindude, I got it, but there will be one last leg up. i think we should see ATH again (At least) be4 any major drop.
BloomFisher
Hi @mosa.motamedi, First up raise leg was mentioned and pivot at 9711!
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