as you can see in this post we focus on ICX which is making a nice setup for Elliot Wave.
ICX has gained huge volume. This volume has not been here before. Even though BTC goes sideways ICX keeps going up. That makes this coin independent on BTC which is a huge advantage in comparison with other altcoins.
In the graph, you can see the green (thick) line which is the support line. The coin should bounce from this support line. If not there would be a free fall down.
If you are looking for a good enter we recommend you to put a buy order around the green line with a thin stop loss below the support line.
Hope you like the idea.
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It is going exactly as we want! ICX is slowly falling to the support line and we can expect a nice bounce (retest of the support line) at the line!
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Also be aware of bitcoin as it will have a little correction after a long rally. Set your buy order around the green place.