ICX is in Wave 3 right now and has also formed what looks like a Cup and Handle formation. With it's ICO -14.29% -14.29% Platform launching on the 30th I expect great things to come. We made over 10% gains today alone and I see much more to come!
Wave 2 retraced to the 0.786 Fibonacci Retracement Level and completed a round bottom which I am now calling a cup and handle . Wave 3 is targeting the 1.618 Fibonacci Extension followed by a high probability Retracement to between the 0.382 and 0.5 Fibonacci zones for Wave 4 to follow the Rule of alternation in corrective patterns.
This is a great coin with strong fundamentals and the technicals look strong as well.
Target for top of Wave 3 is 0.0006900 BTC 1.71%
Bottom of Wave 4 between 0.0005400 and 0.0004800 BTC 1.71%
If you would like to see how this plays out here is the link to my idea on TradingView
https://www.tradingview.com/chart/ICXBTC/VxePWEjq-ICX-Launching-Out-of-a-Cup-and-Handle/
I hope that you enjoyed my analysis. Please always remember that targets are not set in stone and to always practice proper risk management!
Feel free comment any questions or chart requests you may have below. Happy trading!
Please upvote, follow and resteem!!
If you appreciate my work, please feel free to donate !! I work very
hard to bring you the best data I can daily and bias free!!
Bitcoin - 1AzW1ki9ZXpDVBzreY9R5a1eNircQvXgvs
Litecoin - LP2D4ZLLpeYQRyuekxJLG6FLhr6WVepgea
Ethereum - 0x0d387F9f15Ff53813d51798DF41EA245aA6761A6
Bictoin Cash - LOL Btrash...
