A little more downside for ICX

After bouncing off the demand zone, ICX continues to find resistance near the 1100 area. The slow-moving EMA as well is proving to be tough resistance and seeing that we have broken down from this supply zone, we can expect a retest of the support area below and possibly get back down to the FIB level/trendline before resuming its move higher.

ICX overall does look really good after carving out a couple month bottom so the upside potential is there but yet again we need to keep an eye on Bitcoin.

Thanks guys