Icon has bounced of three times of the resistance line and now following it in a downtrend. That is quite some resistance.
On the 4 hour it is oversold, so i see a little pricedrop coming for ICON.
But because the daily looks undersold, i think we will bounce of the supportline arround 3550 sat.
If we pick up enough volume ICON could break the resistance line in a couple of days for a nice uptrend.
On the 4 hour it is oversold, so i see a little pricedrop coming for ICON.
But because the daily looks undersold, i think we will bounce of the supportline arround 3550 sat.
If we pick up enough volume ICON could break the resistance line in a couple of days for a nice uptrend.