I'm no TA expert and only know basics so allow me. I just know a coin that's primed to explode when i see one. This green box on chart is the prime buying area for icon and is pretty much a given to make profits from, i'm not shilling anyone to trade this at all .... please do your own research and come tell me i'm wrong, because i'm not wrong. I have been eyeing icon for a very long time, and i would say out of the 300+ coins i look at most days. This thing is the biggest sleeping giant. It's literally a matter of time before something blows, and we are talking big time. Icon 2.0 talk and tech will be one of the fundamental things to kick this off early 2021.
Icon is very undervalued right now with correlation to its total supply of coins.
South Korean coins always have such good tech and potential, and icon team have been banging away for the past 3 years bettering this coin. working on things all the time ( Myid )
I know lots of people who are semi big investors who are putting bags of icon into storage. And rightly so.
I'm not saying sell all your coins and invest in icon ...... BUT and the big but. Go off, read about icon 2.0, read about real world use and what it is being used for even right now and then make judgement.
Icon could easily hit its past all time high of 13 dollars ( £9.10 roughly ) right now its sitting at £0.24 PER COIN. short term icon could make one of its 200-600% gain with a rebound from this buy zone i have marked. How soon ??? Next couple of months depending on what the market does obviously.
LONG TERM ????
Okay so a douse of hopium here . I really do think that ICX will go to top 15 coins in the next 2-3 years of this cycle, If Total market cap hits 1-2 trillion which i think it will. Icon could EASILY hit 20 dollars which would be around a 10 billion market cap - sound mad right ??? well no not really. lets say btc hits a trillion in total market cap which is 1 million million or 1,000,000,000,000 or 1000 billions, icon only needs to hit 10 BILLION to have 20 dollars. You see where i'm going with this right ?? same thing can be said for ALL altcoins, money will run BTC up and they will exit, happened on the first bull cycle happened on the last one and guess what .... it will happen again, people will flood all smaller coins to make even more profits. They don't just stop at btc and stop.
But hey, what do i know. what do any of us know??? answer is nothing.
I do believe all alts ( Top 200 ) will have massive gains from now until 2022 November time roughly. But some coins will revel in profits more then others and you damn right know ICON is sitting at the very tip top of my list.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.