ICX/BTC short term trade op
We have had a few solid trades off ICX in the last week or so, failed attempted to set up for EW recently with a bearish divergence formed on the closes, and can see a gartley harmonic pattern brewing.
Ideal drop to the 786 retracement over all puts a good bounce possibility at around .0000550 btc
We always teach our members to be conservative when trading harmonic patterns specially in crypto markets, 38 and 50% is ideal targets the 618 can some times be a real stretch of a target specially with current market situations.
at the same time the .0000585 level could prove to be a hold up on this down trend and may not reach out entry position, patients is the key here, if it doesnt get there it doesnt get there...move on.
Ideal drop to the 786 retracement over all puts a good bounce possibility at around .0000550 btc
We always teach our members to be conservative when trading harmonic patterns specially in crypto markets, 38 and 50% is ideal targets the 618 can some times be a real stretch of a target specially with current market situations.
at the same time the .0000585 level could prove to be a hold up on this down trend and may not reach out entry position, patients is the key here, if it doesnt get there it doesnt get there...move on.
Note
DIdnt go as planed, no new orders placed, waiting for a new set up, but main focus back onto BTC,ETH,EOS,LTC
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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.