Thoughts on ICON (ICX). Continued bullish run is coming

ICX is likely to rebound strong from this purple level

Separately, there was a major breakout on AION today. I expect AION to outperform ICX. I am long both.

Note

Possible pennant formation is developing. This needs to hold to OUTPERFORM ethereum. If pennant breaks it does not mean bearish for ICX, but could mean underperformance. I am still in the bullish camp.

Note

Approaching target one. Watch for major breakout

Trade closed: target reached

Taking profit on ICX and converting into Ether. I've doubled my money on ICX. Think Ether will take charge from here at least for the medium term.

Note

Major sell signal in ICX vs ETH. Not a good sign generally when a higher beta asset indicates more selling pressure. I may be interested to get back in 3 handle ratio indicated in the chart.

Lanmar

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Lanmar