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/february-2018-cobihood-token-listings-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
Interesting analysis for a potential good project. Increasing exchange number could help to push up this coin that nowadays is a bit limited in exchange possibility.