💎 ICX has undeniably attracted significant attention in the market with the formation of a double-bottom pattern.
💎 There is potential for ICX to attempt a breakout above the resistance neckline of this pattern. A successful breakout could pave the way for significant upward movement towards our target strong resistance area.
💎 However, if ICX fails to break above the resistance, there is a possibility of rejection, leading the price back to the support area around 0.285 to gather new momentum.
💎 ICX must bounce from the support area to make another attempt at breaking above the resistance of the double bottom pattern. Failure to bounce, or worse, a breakdown below the support, could signal further downward movement for ICX.
💎 There is potential for ICX to attempt a breakout above the resistance neckline of this pattern. A successful breakout could pave the way for significant upward movement towards our target strong resistance area.
💎 However, if ICX fails to break above the resistance, there is a possibility of rejection, leading the price back to the support area around 0.285 to gather new momentum.
💎 ICX must bounce from the support area to make another attempt at breaking above the resistance of the double bottom pattern. Failure to bounce, or worse, a breakdown below the support, could signal further downward movement for ICX.
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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.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
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.