ICON / Bitcoin

ICX interesting price action

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If this daily candle 23.03.19 can close above the 50 day moving average, preferably above 640 sats then it would potentially be a nice place to go long. The moving averages are starting to curl which could be signalling a trend reversal so long as BTC doesn't dump in the coming week. The histogram is starting to tick up and as we can see the RSI has been consolidating for a while now so I'm currently just waiting and watching what will happen. If we get a rejection on the daily I think it's possible we may see a retest of the previous swing low at 613 sats and possibly even lower.

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