The speculative bubble on the ICNXBT pair has pretty much fully retraced. Now, the orange line and the green trendline together form a strong support area at the 450-500 level, that should hold and it has done so in the past four days. The price is now being squeezed out of the triangle formed by this support and the downtrendline, wich is a bullish signal,...
For the last few months Iconomi has been disappointing for traders and investors. The community constantly demonstrates how frustrated those that held on to this cryptocurrency are. The few optimistic posts aside, more and more people have sold off their Iconomi, often times taking big losses (which can be seen by looking at how the cryptocurrency has been...
trade active over the yellow line,stop is the red line Fundamentals: - Managed DAA´s incoming - icn added in more exchanges - Nice returns on BLX(ICNX) and CCP(ICNP) - Blockchain.ONE listed on traditional exchanges in the next months: medium.com
Support can turn into airport any moment. If support breaks now, the next plane is going from the next support line.
bears try to take us down. we was testing an old support but retraced. At the moment we are in a bearish phase, but remember now its cheap and good to buy.
Iconomi has shown support on previous resistance levels, with signs of a triple bottom within a descending triangle, leading to mixed signals. A break above current downtrend and MA50 could lead to a trend reversal, with Entry/Exit levels shown on the graph. WNZ Get live updates and analysis of the cryptocurrency market: t.me
ICONOMI recently saw new highs after the announcement of the platform going online within the next two months. People are now taking profits and it looks like a new cup is forming like we've seen multiple times the past few months. I'm in ICN for the long run and I like to approach it from a fundamental perspective. There are a lot of bullish fundamentals such as...
Would correspond to 3.33 USD with current Bitcoin valuation. and 0.001723 Bitcoins until 2018 January, which would correspond to 5,6USD with current bitcoin valuation. ICN buys a basket of crypto currencies with the Money and I think it ll grow nicely..
Altcoins are in a bull run. Here we already see its broke out in this ICN technical play. I think we have an undervalued coin. I always stop when the candle prints under or above my zones, not in them. Why? Because the volatility (variance from the trend) is insane and I don't want to stop out of a good trade.
Been watching ICN for a while and it's broken the 20 day MA and the 200 day MA is about to be crossed...should be an interesting move up from here onwards
If not now, then most likely later when more progress is shown. Reddit ama on may 4. Is 6.66 risk/reward good or bad?
I personally think ICN can, once the platform is up and running, become very big. The dev team does not communicate very much, and in combination with an uncertain and later than expected public release date this could have driven the price down. Moreover it is only tradable on one big exchange. Target 1 is based on the expectation of a similar timeframe as in...
Today the iconomi team announced rebuy program. All of the revenue from Iconomi platform and ICNP will be going towards buying ICN and burning it. (as long as team can pay expenses using money raised in ico for 5+ years) If the market cap remained constant, then the price per ICN would increase as the supply deflates medium.com Also this solves the problem...
The fomo is hard. The whales is hard. The insiders are smart. 50/50 deal: scenario of sucess can drive icn to Mars. scenario of fall: The higher it rises the harder the fall. Febuary 9 meeting. Release will be before or after.