Trade Recommendation: ICON

Trade Recommendation: ICON

The ICON/Bitcoin pair (ICX/BTC) has looked bearish since February 3, 2018 when it took out support of 0.0006. This triggered the double top pattern on the daily chart. The breakout forced those who bought above 0.00006 to cut their losses. This started a bear run that has driven the market to as low as 0.0002041 […]

Read More
Bitcoin: Price Analysis, July 16

Bitcoin: Price Analysis, July 16

BTC/USD Bitcoin is leading the recovery from the front. It has bounced sharply from its recent lows of $6,120.45. The probability of a bullish inverse head and shoulders (H&S) pattern is still alive.  The inverted H&S will complete on a breakout and close above the neckline at $6,953.38. This gives it a pattern target of $7,996.11. […]

Read More