ICX showing strong support within the 0.23 Fib level. Each Fibonacci level demonstrates support and resistance
, particularly within the latter movements, currently showing resistance at the 0.38 retracement, with the long wick indicating an attempt and failure at break. One of the few high volume
currencies to not experience a significant breakout.
Can't display on my current chart due to indicator restrictions (will be upgrading to pro today) but the MACD
is also indicating a bullish
I have a position within this currency, will be closely monitoring all action for the next few days.