Iconomi (ICN) Approaching the Apex

in #iconomi6 years ago

SUMMARY

Iconomi (ICN) is completing the second fractal of downward pointing symmetrical triangle. The price is ever so closely approaching the apex of the blue wedge pattern. Noting that the first fractal (white) also approached its apex until the very end, it's not surprising of that repeat. Perhaps in the next couple days we can see a resolution?

The subwaves confirm that the resolution is quite close by and potentially around the corner. It would be interesting to see if the current fractal could morph into another wave form or pattern. However, the abcde blue waves are almost complete. What would be next? A breakout it likely.

Even the subwaves of the subwaves state the same....a turn of some kind is approaching quickly.

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The market has totally become unpredictable at this stage, but let us hope that it will recover soon

Under this circumstance no one can say what will happen.I always like your analysis, the others can say whatever they wants to say.You are a very efficient crypto analyst.Thanks for the post.@upvoted and resteemed

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Can you do a analyst on Neo?

Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
EOSEOS6.166$2.98%-11.55%
ICNIconomi0.753$-0.13%-31.41%
QAUQuantum0.097$-1.75%-30.84%
WAVESWaves3.693$5.15%-22.54%

thank you for a kind information....thank you so much...keep it up carry on your activity best of luck try something new....

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