MJMeetya

Iconomi reached the bottom!? Next leg up..

Long
MJMeetya Updated   
KRAKEN:ICNXBT   None
Looks like Iconomi reached the bottom or is really close to it.

FA comparison to ETH and BTC returns:
*cca 1:1 = Iconomi return vs Bitcoin return which might signal local bottom, price in bitcoins is lower
*price in BTC is near to ATL

Name USD Raised Month Token Sale Price Current Token Price Token Return ETH Return BTC Return Token / ETH Return Token / BTC Return
Iconomi $10,682,516.42 Sep 2016 $0.126 $1.174 9.34x 23.24x 9.74x 0.40x 0.96x

The company looks solid though.
Probably undervalued relative to the other coins.
Might be overvalued considering present cashflow.
Including first mover advantage and potential cashflow rise in the near future probably makes it a good trading/investing opportunity considering present circumstances on the market.

Check "Link to Related Ideas" for more info.
Comment:
We are in supply zone on USD chart also:

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