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.

Kommentar:

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.

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Approaching target one. Watch for major breakout

Trade geschlossen: Ziel wurde erreicht:

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.

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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.