darklord_
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ICX/BTC setup could be spicy

BINANCE:ICXBTC   ICON / Bitcoin
ICX has been consolidating after its recent push to the .0008 area. As you can see, the top resistance has been rejected twice. I have two ways I will play this breakout. Once involves a bullish breaking of the resistance with a bullish confirmation of sorts. (Either a kicker or a volume spike). What I think is more likely to happen is a testing off that current support, denoted by the purple line. If it breaks said support I will be looking to buy around the next support at around .0005488 . My first exit point will then depend on if it rejects the support again or, what I think is more likely, we see a moon shot.

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