Icon tells me this!
We clearly see that ICX is following some constructive price behavior! Zone one you see clearly the price is ranging in a box we call accumulation (box 1)! After a view weeks you see the breakout of the box! This mean the price is entering an new price area! After that an new price area sideways what means possible re-accumulation (Box 2). Before the real breakout!! The price show some signals like OMG! you see the real breakout is happening now after longtime price goes sideways! Also more volume is coming in = big bullish setup!
Keep an eye on ICX big momentum shift is coming this weeks!
We clearly see that ICX is following some constructive price behavior! Zone one you see clearly the price is ranging in a box we call accumulation (box 1)! After a view weeks you see the breakout of the box! This mean the price is entering an new price area! After that an new price area sideways what means possible re-accumulation (Box 2). Before the real breakout!! The price show some signals like OMG! you see the real breakout is happening now after longtime price goes sideways! Also more volume is coming in = big bullish setup!
Keep an eye on ICX big momentum shift is coming this weeks!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.