ICXBTC (Icon) originated as an ERC20 Token and is launching their own blockchain and exchange. Korea is big on crypto and when this thing takes off it could blow the eff up! It is being referred to as the Korean ether with big name partnerships already. The move is to invest in tokens that have their own blockchains and the fact that this ERC20 token is branching off onto its own is big and sealed the deal for me. Long in this long term hold.
As always, DYOR and happy trading guys!
Note
ICX is currently testing the fib level above. Also, if it breaks the fib and breaks above the green upward trend channel, its going to 0.001 and above. HODL till the mainnet release on the 24th!
Note
ICX is currently bouncing off the middle of the green uptrend channel here. It bounced off the top of the channel and if it maintains momentum on top of the midline. If it bounces to the bottom of the channel, it will determine whether or not it will bounce to the downside even further or not. But with the bounce of the midline I think we are in for another run! Happy trading have some faith guys and stop buying and selling due to FUD and losing ICX and BTC :)
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