ICX/BTC needs to bottom at 390 or lose 50% more: Icon in trouble

Icon has been dropping steadily since like forever.
It is now within the LAST band of possible support.
If it slips out of this band, only support is 50% lower.

4.618 "should" have been the bottom.
4.764 is a "stretch" as in a rare bouncer.
Next band in this fib is below zero (GULP)

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See some of my other ALT coins plots below.
I also plot Forex and some Stocks, check my profile page.

BQX bottom (maybe)

ZRX breakout

XLM breakout

ADA breakout

IOTA Top

DASH top

ONT top

Of course, I have had total FAILS on some plots also, not going to pretend.
But my plans offer PRECISE entries, TIGHT stops, and EXACT take profits.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.

Комментарий:

ICX is lagging most Alts. But perhaps due to this 4.618

4.618's are often very strong zones and this one is proving it

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Комментарий:

Still stuck under the 4.618 and not looking good.
The only possible signal would be a break about 4.618 and retest something like this

Unless we break above soon, it will probably drift down to the 4.764 and the x.764's are generally not a strong fib so would probably go through it.

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Комментарий:

Finally, ICX hit my green zone and looks likely to have bottomed with a spike today

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Комментарий:

Zoomed in:

We see the spike down and bounce.
Could be what Wyckoff calls the "spring".
Lets see if it gets past the top boundary of green zone.

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