$ICNT has moved above the 0.195 level.
Holding above that level for a while indicates that selling pressure is not heavy, which is much stronger than a brief spike followed by a drop.
A genuine trend needs a series of swing highs and lows to confirm it; one or two candlesticks are only the beginning.
Holding above that level for a while indicates that selling pressure is not heavy, which is much stronger than a brief spike followed by a drop.
A genuine trend needs a series of swing highs and lows to confirm it; one or two candlesticks are only the beginning.