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....
Managedinvestment
It's all part of the plan EURJPYAs with most things in life, letting a trade set up steep and mature prior to entry is basically how you make the most profit.
Come and be successful. Should the support bar break I am in, joining a clear strong signal = Short/Medium/Long term trends all down.
GL and may all your trades be monsters ;)
FUTURE AS PREDICTED GBPUSDCheck the past few days posts - Spot on
Monster profit accomplished LONG from here.
SPX500 Major unwind - Pro analysisHandling a very tricky case. An account handed over that was on the verge of losing just about 500k GBP.
The unwind is tricky and stressful, very much dependent on the price touching up to 2120 and beyond.
Here is the chart with a clear head and shoulder pattern supported by waves Fib and MACD
Welcome to the drop - USDJPYSo many of us out there wish to truly capitalise on the huge jumps and troughs out there on all major pairs.
My firm belief is that we are about to continue into unprecedented low field price and that the worst is still yet to come. Dont forget what happens everytime an ECB or FED talking head gets on the screen....Generally the market falls as all they ever promote is more stupid uncertainty or a sheer view as to how thick they truly are concerning quantative measures for economic stabilty growth and future prowess.
Right now for Binary take that USDJPY down for the next 4/5 hours with 15 minute expiration positions.
Check out the other analysis posted up for the safer route via GOLD.
Feedback and ideas welcome! adam@stbinary.com if you want me personally ;)
