ICX. Bottom in? Micro to determine Macro

ICX is one of many coins that appears to have reached a bottom however we have said that before and a lot depends on whether BTC             can hold the 200 day and get back above the 50 day + long term log downtrend.

We see ICX here is getting support and has broken out of a pennant formation however it has done this before and then dipped further. It's previously collapsed after the initial "fakeout" and the hourly RSI is a little overbought which is why I would like to see it hold on the blue line and create a higher high before opening any position. I'll be watching this one closely

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