ICXBTC - Falling wedge

19 Apr 2019

I see a falling wedge on the chart within a symmetrical triangle. We can not say that this triangle is valid becaus we only have 2 connections but it seems that the support line of that triangle hold on the daily chart.

The falling wedge in the triangle is also a bullish sign.

Stochastic indicator is under 10 and if we see previous price action than i notice that everytime stochastic in under 10 on the daily chart we see a + 20% bounce. Let's see how this play out.

I'm new to technical analyses and i add charts just to understand it better and learn from others with more experience so your thoughts on this are welcome.

22 Apr 2019

Nota

BOOOOOOM !!!