$ICNT pumped to 0.2242 and the rejection since then has been clean — opening a short with 10x.
SHORT: 0.1865
TP: 0.15500
SL: 0.21000
ICNT ran from 0.1456 all the way up to 0.2242, but that top got sold off and price has been bleeding down since. It's now at 0.1865, still up nearly 26% on the day, and the bounce attempts keep getting capped.
MACD has flipped negative, which confirms momentum is on the downside now. As long as it stays below 0.2242, I'm expecting a pullback toward 0.15500.
A reclaim above 0.21000 would kill the idea.
$AKE $GTC
SHORT: 0.1865
TP: 0.15500
SL: 0.21000
ICNT ran from 0.1456 all the way up to 0.2242, but that top got sold off and price has been bleeding down since. It's now at 0.1865, still up nearly 26% on the day, and the bounce attempts keep getting capped.
MACD has flipped negative, which confirms momentum is on the downside now. As long as it stays below 0.2242, I'm expecting a pullback toward 0.15500.
A reclaim above 0.21000 would kill the idea.
$AKE $GTC