We could be curving back up. I think we could be curving back up. I suspect it could be curving back up, there's still no confirmation yet so we are coming back up. The good news is. We are above the skinny pink line. Yes, as long as we stay above the skinny pink line, and that would signify the continuation of a potential bull run, bull run is normally when things you know in a bull run on me. Things go straight up. Yes, so at this point of time, yeah excuse me, I don't think it's a very good idea to be rushing into any traitor. We are not entirely sure what's happening yet so yeah we're gon na have to wait for a higher quality continuation Tchoupitoulas. I don't recognize this. I don't know I know who is this so you know there's nothing much that we can do for icon right now. There seems you know it seems to be coming back to life, but yeah. Previously we thought here could be a squeeze. You know this was an ABCDE, we could have blasted off huh and then we could have formed some sort of or maybe cut in handle or a symmetrical triangle. And then we blast off or yeah. You know we just fell yeah, and I was the ABCD kind of you know got invalidated. It feel so yeah right now, we're still waiting for a higher quality chop edifice before doing anything. We'Re not gon na be rushing into anything, and here we are absolutely sure.
All right now let's move on to Ikon against yours et, but before I please give this video a like. If you enjoyed it subscribe to the channel, and let me know what you think, but Ikon indica meant speak low yeah. I can do a sneaky towards the upside again. We are still not particularly overbought yet so Ikon could still go slightly higher. Absolutely yes, but we're not going to be rushing into anything because we are not sure what's happening. What is happening icon I don't know. I think this could be a very gigantic ABCDE, probably why March 20 21 before you might see one more year before you see anything rise, but but if you can be patient right and you allow the icon wheels to build a solid, absolute solid base over here, We build a solid base over here and we spiked up from the base. That would be brilliant. I will be absolutely brilliant for icon, so do you want? I can to rise now without building a solid base. If we rise now, it would be an unsustainable rice and we will eventually collapse back down. Yes, but if you build a very solid base on, we can go very, very, very, very high. This is gon na become pancakes and it rises very, very high from 31 cents, 200. Okay, no, I shouldn't say I is gon na go. But the point is that um, if you can build a solid base, you can go very very high.
So you know very good. Is this something I just drew up? You know just like that, so again actually stop selling opium. This is not a I don't peddle opium on this channel. So please come back down to earth yeah. So right now we had tell you sense, Oh way, to go to 100, so yeah again, I'll rather wait for things. You know to solidify yeah solid base before we spike out here. They'Ll be great. Actually it will give you an eye, a second chance for accumulation. There'Ll be great don't, you think so. Alright. Ah, I guess receiver Michael technical analysis. Thank you very much for watching. I hope you enjoyed it.