ICX/BTC pair will continue to see downtrend.

6 thg 4, 2018

As you can see in the chart, I believe that we are going down to the 0.786 Fibonacci retracement of the wave 5 impulse structure, which would bring us down to 0.0002263 sats. BTC's price drops are also going to stop any potential outbreaks over the next few days. We are also seeing lower highs on the ICX/BTC RSI which leads me to believe that a continued downtrend is likely.

I will continue to update as this plays out however for the short term I'm bearish on ICX/BTC.