ICX/BTC - Setting up for a long

There is a cluster of fibs around 3.3k sats on ICON. Bullish divs on oversold areas provide more confidence for a long set up at those price levels. Pitchfork channel support also (1.5) -got tilted on the published chart but its kinda visible on the pic below.

Detailed count:

註釋

It pierced through the target with an extention on the subwaves, next chance for long is at 30xx sats. The majority of the alts are positioned for a bounce, its just the typical capitulation on crypto markets.

You can wait for your thick moku to get slimmer and go for a 10% profit or you can attempt to catch a knife and go for 40%, its just a matter of preference.

註釋

Almost there, pay attention to the orderbook.

註釋

If you paid attention to the orderbook, that was a +9%. Did your moku or CMF catch that? LOL!

註釋

Its impossible, untill it happens. Someone inform the "oracle" of this site.

註釋

This is a good area to take some profits and reload on a potential retracement later on.

Same goes for ADA around 2.9k sats in case you are trading it.

註釋

Will be updating for targets here and on EOS since the chart is not that visible.

註釋

Watch for a potential bounce at those levels. Its right at the original target again and forming a doji on the daily.

註釋

Its still holding on the second target of the retracement after this market sell off.
Now, before you panic and start screaming 3k, think about this: as long as BTC is trading above ~6.5k (or even 6k) and this doesnt break the low, it can be your last chance to buy alts that cheap.

交易結束：達到停損點

Count is invalidated. Although it will bounce i have to re-label the whole thing.

Have a look at this idea for a potential bounce on the crypto market.

註釋

Cant find a count on the BTC pair but there was one on usd. Most likely the bottom is in, anything below invalidates the whole count cause it breaks the ATL.