Updated

ICXBTC - falling wedge? -- volume needed to breakout..

ICX is a great project and reviewed by many experts as a good long term investment. But this chart is for short term trade maybe less than 30 days.
I am hoping to get a spike of at least 10%.. timing and profitability can be influenced by BTC and volume spike. Ichimoku cloud is bearish but the average price range should be way more than the current price (positive sign). Might go down a little before spike.. don't panic sell!!

Please hit "LIKE" to support!

Thanks

Basics of ICHIMOKU :
There are five calculations used to generate the Ichimoku Cloud:

Tenkan-sen = (9-day high + 9-day low) / 2
Kijun-sen = (26-day high + 26-day low) / 2
Senkou Span A = (Tenkan-sen + Kijun-sen) / 2
Senkou Span B = (52-day high + 52-day low) / 2
Chikou Span = Close plotted 26-days in the past.
Read more: Ichimoku Cloud investopedia.com/terms/i/ichimoku-cloud.asp

Trade active

as i mentioned earlier.. this is not a day trade,, might take couple of hours, days or weeks to break.. daily chart!!

Trade closed: target reached

sold at 40000 Sats... first target.. if you want you can refer to this chart for further targets. enter at support level.. sell at resistance.. long term holders, have nothing to worry about :)

Note

re-entered at next fib level - now target 49000 sats.

VinnyTheTrader1

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VinnyTheTrader1