We looked at ICXBTC (Icon), long-term/weekly below but we will have a closer look today.
This one here is the daily chart and it is easy to appreciate how the trend is changing from bearish to bullish.
As the falling wedge was completed, prices started to move up and break resistance after resistance in the form of EMAs.
Right now, prices are trading above EMA100 (blue line) and pushing higher every day.
Here is the previous chart from January 9, with long-term targets:
You can expect more for this pair and other altcoins... They will be now entering a new phase, the uptrend phase, where we will see higher highs and higher lows... Growth for years to come.
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