ICN breakout follow upJust wanted to keep you updated on my trades. I bought on the breakout as I mentioned and got filled on an order near the trend line. I just exited half my position at 0.0002 and waiting for a retracement
for an opportunity to get long again so we will see how that plays out.
Icnbtc
BUY ICON ?Good trendline break with retracement . Forming a nice bull run . keeping my fingers crossed .
Iconomi about to explodeIconomi/btc 4h chart - huge descending wedge forming. Paired together with strong fundamentals, ICN is about to rise soon.
ICN - Falling wedge Time to chart my longest hodl coin !
- Falling wedge on the 4H
- Positive divergence on the MACD
ICN similar to SALTDoes anyone know why I am provided the data from Kraken and not from Binance? Because I pick Binance and sometimes get Bittrex and Kraken graphs for some reason.
Iconomi [ICNBTC] Undervalued, Huge Incomer coin (potential 6x)
Hello, I see in ICN coin huge profit potential , price now in demand zone, where we can buy for long to achieve total 6x profit .
Using capital management, I will buy ICN for 25% of my free BTC.
Price will move through Fibonacci levels, so I use them as a targets:
I will sell on Targets:
Target 1: 0.000369 — 25% of ICN
Target 2: 0.000589 — 25% of ICN
Target 3: 0.000896 — 50% of ICN
Target 4: 0.001144 — 50% of ICN
Target 5: 0.001391 — 100% of ICN
Feel free to ask a questions, place comments and likes ;)
ICONIMI Breakout for 2018Again, very simple chart with an obvious trend. ICN breaking out after a long down trend. This is a project well worth studying the fundamentals, and critically has not been visited by the P&D gangs meaning less hype more value. Essentially, ICN is an ETH based project where ICN is used as a representative token for the whole project where ICN manage their own fund and burn ICN tokens on the basis of profits made through their Pinta Digital Asset Array Managed Fund. In addition to this, they also host other DAA managed funds where companies such as Columbus Capital manage their own fund and where you can buy directly with ETH or BTC and where you can receive the funds native token back to your wallet. Further to this, Columbus Capital will be releasing the first blockchain stock on the Irish Stock exchange titled Blockchain.ONE which will in essence be a direct fiat gateway in to Crypto.
Surely this is worth a little bit of time on your part for due diligence? From this perspective, the fundamentals are there, a critical mass of DAA's are now opening, and ICN's Price to book ratio is as follows:
"Price to Book ratio for ICONOMI closes q4 at approximately 0.82 (lowest quarter ever). ICONOMI has more company owned assets than the total market cap of the company. The S&P 500 has a P/B ratio of 3.43 ."
Also to note that 500K to 1MM is entering ICN DAA's on a daily basis. Your call....
ICNBTC LONG TERM TRADEBuy now 0.000333
Target 0.000887
If drops, rebuy zone 1: 0.00076-194
Solid project, coin in top 100
Long ICN - IconomiSome of the top crypto-currencies by market-cap do not have a working product.
Worse there are outspoken scams.
Dumbmoney is overvalued.
Maybe Smartmoney is undervalued?
Summary: ICONOMI is an Ethereum smart contract start-up company, developing a blockchain-based digital asset management platform.
website: iconomi.net
Per the 2017 Q3 financials report they have at least $100M in crypto-currency assets.
medium.com/iconominet/iconomi-financial-report-q3-2017-45dc25f30730
As of Saturday, September 30
Top Holdings ( % change sense 9/30 )
Byteball - $2M (+270%)
Bitcoin - $4M (90%)
Lisk - $10M (140%)
ETH - $18M (240%)
Long time frame falling wedge on ICN/BTC, volume confirmed.
Entry: 0.00025
SL: 0.00019
Target 1: 0.00075
ICN getting wild - up 100% in a minuteICN seems to be bouncing from previous "ATH" with high volume. According to 1 minute chart it seems like someone just bought a lot of ICN (maybe pump and dump?).
Also it looks like the trend is strong, whenever price touches trendline it bounces off heavily. According to this and other indicators still have upside potential it seems like a good opportunity in short time.
ICNBTC - Watch for downward breakoutICN/BTC is giving me good but not great signals.
Bullish signs
WaveTrend Oscillator had a dip and could start to go up.
Increased Accumulation using the Weis Volume Wave with decreased selling suggests traders could be holding till price spikes up
MACD appearing to start to crossover albeit the last 4h candle has it pointing slightly downwards.
Conclusion
Watch for breakout of the 0.382 fib level. If it holds strong, expect price to go up to 40k sats.
Keep an eye out!
Iconomi ICNBTC moving near support line. good opotunity to buy with small Stop loss. Our December Monthly Update will be posted on January 15
Our December Monthly Update will be posted on January 15
ICN breakoutICN is showing buy signal on levels 0, 1 and 2. Level 3 is bullish giving support to this trend. I expect this coin to rise soon.
ICONOMI on massive opportunity with 10x possibilityBINANCE:ICNBTC
ICONOMI is the first and currently the only platform where four generations of digital assets are available. Going beyond Bitcoin (first generation), alt-coins (second generation) and application tokens (third generation) - the Digital Assets Arrays™ (DAA) represent the fourth generation, one that combines the properties of all underlying digital assets.
www.iconomi.net
Interesting coin, not in Bittrex. Traded in Binance.
Technicals :
In the recent days, volume is high compared to the past
Very low and potential to grow is 10x
400M market cap, 88th position.
I would recommend to buy at 280 and forget.
It is currently forming the trade, it may take many days to breakout or can happen tomorrow. It is one of the good investment for long term holders.
Entry :
280
Stop loss : N/A
Targets :
I will update.
ICNBTC - Undervalued Crypto Index Fund (+1300%)A crypto fund with "digital arrays" or indexed coins with different risk profiles that's actively been traded.
Technicals:
-MACD bullish reversal
-Kumo breach
-MMAR reversal
-Bullish trendline
Fundamentals:
- Trading only 2x book value (Under 3x is cheap)
- Digital arrays contain quality coins
- Quarterly coin burn feature to be introduced that enables ICN token holders to participate indirectly in dividend distribution (20% of profits are used to buyback tokens, 80% is reinvested)
- Only coin to be planning a Big 4 audit
- Gateway token to help new investors with instant diversification in cryptos (think ETFs)
- Affiliate marketing to start 2018
Summary: BNB Binance style utility token + affiliate marketing + Index fund to crypto + strong returns = WIN!
Trading:
Hold up to 6 months, for up to 1300%.
Will update with key resistances and key target projections soon.
Buy Now And You Win!As you can all see this is a clear chart that shows the setup for ICN's next wave in Iconomi's price rise. ICN has always been a great project and the crypto currency space is beginning to notice that again.
Iconomi Might Be Close to BottomFor 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 performing).
This idea is here to show that at this present point in time it is really not worth it to sell Iconomi at a loss. We might have reached a bottom or at least we should be very close to reaching it. Even for those that are not familiar with Elliott Waves ( en.wikipedia.org ) the pattern should be clearly recognizable. We are reaching what is the end of a whole cycle. Furthermore we can spot a typical bubble pattern on the Iconomi chart. For reference:
i.imgur.com
On this bubble pattern we are also clearly at the bottom. As the "mean" shown there we can see the "Uptrend line 1" or in the worst case the "Uptrend line 2". Around the second uptrend line will be end of our free fall. Some may argue that we have yet to reach the "despair" phase, but that phase is not always present. Either way, we are close to the bottom .
What happens after we "return to the mean"?
There starts the first phase again. People will slowly start to accumulate Iconomi. The smart money will make a first step, since most investors will at first be insecure, which is understandable by looking at the chart history. And before we know it we will be ready for take off.
Iconomi will soon have the chance to shine again. After all, the fundamentals of this cryptocurrency are solid, as opposed to a lot of other mindlessly hyped ones.
ICN/BTC breakout soontrade 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