ICON / TetherUS
Long
Updated

ICXUSDT buy opportunity

1 844
A compelling pattern emerges in ICX, revealing a robust double bottom formation as the price nears the neckline of the W pattern. Anticipating a breakthrough, we foresee a direct move towards our immediate target zone, potentially triggering a retest of the upper trendline region.

Following this, a sharp retracement is expected to finalize wave leg 4, as depicted on the chart, before a subsequent rally towards the major double bottom target.

Vigilance is advised on the specified buyback area, with prudent management of stop-loss orders positioned below key support levels.

Your valuable feedback is welcomed as comments on this analysis.
Trade active
Good reaction from the support level, our projection still remain same, keep holding for good rewards.

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Trade active
Trade active
Accumulation of the coin should be continue.

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