The hypothesis is ICX will decrease in value as BTC decreases in value as we approach the close of the CME futures contracts on the 26th of January. Both of these coins decreased in price leading up to the close of the CBoE futures on the 17th of January.
If/when the RSI enters oversold regions in the 1 hour chart and then the short EMA (blue line) crosses above the long SMA (orange) on the MACD, this would signal a good entry point. Hopefully this will coincide with the price being in the support zone.
Do your own due diligence and research, this is only my hypothesis.
If/when the RSI enters oversold regions in the 1 hour chart and then the short EMA (blue line) crosses above the long SMA (orange) on the MACD, this would signal a good entry point. Hopefully this will coincide with the price being in the support zone.
Do your own due diligence and research, this is only my hypothesis.