Strikingly, in my opinion a comparison can be made between the last few candles all the way to the right on the 6HR chart and what we saw back on January 6th, please see all of the orange bubbles for what I will be referencing here. Prior to the run of +89% beginning on January 6th, ICXBTC was trading sideways, and there appears to be a quite a few more characteristics compared to what we are seeing now:
** Widening Slow approaching the overbought zone
** A break of the from the oversold position
** Conforming moving averages, cross of the 7 and 14 and a price breakthrough of the 21 ma
I put a few targets on the right hand side of in the distance, but don't hold me to those. However, what you can hold me to is that I excited for this pump and that I am expecting a similar move in the near-future to what we saw in the first week of January. Please hope that BTCUSD participates and behaves during the ICXBTC .
Cheers to gains!
Here's the Mainnet article from ICON if anyone cares to read: