ICN/BTC Pressure building

Not much history to go on in the chart. Respectable and anticipated project in itself.
Bought a few days ago for a long. It could still go sideways for a couple of weeks in this nice tight channel. The second red line is the all time high. If it breaks that then it's unchartered (and uncharted) territory.

Yorum:

Break out of channel. It did pop a tiny bit over last all time high. Still got some good momentum and the order book is pushing upwards.
I'm trailing a loose stop right now to allow for some volatility. I will tighten it up, or just sell, if it looks to be losing momentum.

İşlem kapandı: durdurma seviyesi:

So Bitcoin moved. It's a little risky to trade most things with bitcoin being so bullish. Anyways I made a small profit. Just a 1:1. I trailed a stop that got hit on the retrace due to the bitcoin move.

ICN still looking bullish in my opinion. Will keep watching.