Now you will see the is just crossing and on the 4H doesn't show an abundance of room for growth however on the daily we look great.
The coin price is low and not far above its initial bounce point from the coin release, this allows us to have a well priced coin that is yet to see any serious attention.
The is just about to close over the 50EMA this will provide us strong support, you will also see on the indicators that just over the past 24 hours is creeping back in. This is good.
Momentum is there you will see the running nice the Chaikin indicator support momentum these are all signals. The only thing that this coin is missing is but since that is creeping back now we will hit a breaking point and this is why I have just opened up a position now.
I suggest still running a stop on or below the black line, however we can enter and enjoy the ride knowingly we are buying at a price close to this coins lows allowing for plenty of room for growth.
Cash Is King!
You will see target 2 has been reached and target 2 broken.
Chart looks GOOD.
Patience, we are above entry and we will sell targets.
If looking for an entry or to reload you can enter on this 4H candle.
We still have low volume but you will see its rising, we will hit a point where this goes for a nice big run.
This is good to hold until we see this run, or if your not in ICN we can still enter.
The reason we would enter now is the pullback has been to our target which is a support so you can run a tight stop loss. We will then see the next leg.
Thank you in advance.