Gelpo

Iconomi - Monitor the breakout (and new listing)

Panjang
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KRAKEN:ICNUSD   None
This idea is based on possible incoming breakout of downtrend line and need confirmation. Even index should develop more for confirmation. The intent is to catch any opportunity here around.
Possible catalyst for the rise could be the listing on the young Cobinhood exchange (no fee) in February
--> medium.com/cobinhood...istings-e2628188deae
Whatever happen this news confirm the progress of this interesting and promising project.
Very important: the market is under BTC control and a possible further correction is possible, so attention is required.
In the chart are shown my view of the Fibo-levels for both possible direction. I will update this chart in the next future.
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Possible break ongoing

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Index on 4h and daily chart are now in good shape. If the sentiment hold we could see an interesting rise

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Very good result in Q4 for ICONOMI - Published financial report is very detailed

--> medium.com/iconomine...q4-2017-17da25349f3d
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Penafian

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