ICX Launching Out of a Cup and Handle!

ICX is in Wave 3 right now and has also formed what looks like a Cup and Handle formation. With it's ICO -14.29% -14.29% Platform launching on the 30th I expect great things to come. We made over 10% gains today alone and I see much more to come!

Wave 2 retraced to the 0.786 Fibonacci Retracement Level and completed a round bottom which I am now calling a cup and handle . Wave 3 is targeting the 1.618 Fibonacci Extension followed by a high probability Retracement to between the 0.382 and 0.5 Fibonacci zones for Wave 4 to follow the Rule of alternation in corrective patterns.

This is a great coin with strong fundamentals and the technicals look strong as well.

Target for top of Wave 3 is 0.0006900 BTC 1.71%
Bottom of Wave 4 between 0.0005400 and 0.0004800 BTC 1.71%

If you would like to see how this plays out here is the link to my idea on TradingView
https://www.tradingview.com/chart/ICXBTC/VxePWEjq-ICX-Launching-Out-of-a-Cup-and-Handle/

I hope that you enjoyed my analysis. Please always remember that targets are not set in stone and to always practice proper risk management!

Feel free comment any questions or chart requests you may have below. Happy trading!

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Bitcoin - 1AzW1ki9ZXpDVBzreY9R5a1eNircQvXgvs
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