Info in chart. A short term long can be considered when MACD confirms the start of the last leg. Where exactly point 4 will turn out to be is dictated by Bitcoin, and if Bitcoin is incredibly bullish it could even invalidate this setup entirely, but I think the probability of that is small. The target is around 0.067-0.07, this area should offer some resistance. I...
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,...
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...