The setup right now seems to indicates that the sellers may have expanded most of the energy and that a trend reversal may be nearing.
Although with that said i would wait for shorter candles to move into support(S1) before looking to go buy and go long. Long powerful candles into support usually mean that sellers are still pretty much in control.
Barring any major price movement by BTC, ICX should be nearing a trend reversal.
Although with that said i would wait for shorter candles to move into support(S1) before looking to go buy and go long. Long powerful candles into support usually mean that sellers are still pretty much in control.
Barring any major price movement by BTC, ICX should be nearing a trend reversal.