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Icon (ICX) - April 11

HITBTC:ICXUSD   ICON
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It remains to be seen if it can rise above the previous high of 2.637545532.

If you decline at the point of 2.319756656, you need a short Stop Loss.
However, it may rise along the uptrend line, so careful trading is necessary.

In the CCI-RC indicator, it remains to be seen whether the CCI line can break above the EMA line and continue the uptrend.
If the CCI line falls below 100 points, volatility may occur, so careful trading is necessary.

The next volatility period is around April 16th.

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(ICXBTC 1D chart)
It remains to be seen if it is supported by the 4176 Satoshi-4517 Satoshi section and can climb along the uptrend line.

If you fall below the downtrend channel, you can touch the 2773 Satoshi spot, so you need to trade carefully.

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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