hodl

Iconomi (ICN) - long term bull initiating

Long
hodl Updated   
KRAKEN:ICNXBT   None
I usually don't publish charts publicly, but this one is something special.

ups:
- one of the rare with working platform
- price to book ratio 0.74 @0.00021 btc
- fiat gateway coming soon
- utility functions to be announced in the middle of March
- great, dedicated team
- millions flowing into DAAs

cons:
- little or no communication from the team (this one might as well count as an UP)

disclaimer:
I support Iconomi and hodl ICN from the ICO times. I believe, this project will be one of the most prominent in crypto space.

This is not a financial advice. Hodl, don't trade.
Comment:

Moon postponed.
Due to recent events in crypto (binance hack, mtgox selloff), bitcoin pulled most of alts to the south.
I updated the chart, but due to uncertainty, this scenario is only viable if Bitcoin hodls current levels (above 8100 usd). Otherwise expect further, uncontrolled dip.

No matter what, this levels are a good buy.

good luck.

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