Iconomi (ICN): Fractals in Progress

in #iconomi6 years ago

SUMMARY

The below chart of Iconomi (ICN/USD) shows two fractals that seem to be playing with a high degree of similarity index. The downward symmetrical triangle has been breached by the blue fractal after a wxyxz complex corrective sequence. What's next?

The "You are Here" markers show the approximate correlation of the fractals. IF this is correct, then the Elliott Waves show that wave 1 (blue) is complete and wave 2 is in progress. The remaining waves 3,4,5 should take prices to lofty heights. The MACD of the white and blue fractals also show very correlative relationship.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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SBD/STEEM Update please! Thank you for your generous work been following you since I joined steem! 😊

This haejin post has been downvoted, it is a @flagtarget.

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They resteem 3 of @haejin's posts a day, and we concentrate our efforts on removing the potential rewards from those three.

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You have really great talking about investment decision. It should consult with a financial or investment professional to determine what may be best for your individual needs. Everyone should give priority to his or her wishes.

Thanks a lot.

bought right after the release of ur analysys!!!!!

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
EOSEOS13.486$-23.14%-25.79%
ICNIconomi1.107$-11.72%-32.25%
QAUQuantum0.182$2.39%-0.55%
WAVESWaves5.977$-6.1%-21.89%

very interesting ! thanks

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