AdamPalmkvist

AdamPalmkvist

Hey guys, it's been a while since i've been busy with studies and such. Current status is looking alot more complex , i'm not convinced what will happen as I can see multiple scenarios, but we do see something positive being formed. My last post about ICON was that we've seen the bottom. After that we pumped to $0.95 so to some extent we have. However anything is...

AdamPalmkvist

I was meant to make that boring period of 4 months to 2 years. Excuse me, anyways: There has been some pretty insane predictions, i've been calling the bear it since $1,50 that we're going to hit these kind of lows. When it comes to the bottom, i have no idea. I thought the Hodlers would keep the price up somewhat to $0.60 but they clearly panic sold and now the...

AdamPalmkvist

Enter whenever you want, we're going to hit $18 before we go down to lows like $12. Currently it's sitting at 14,80 or something last time i checked. Good luck!

AdamPalmkvist

We're currently trending upwards, $1280 is a targe i'm looking at shortterm before we see some resistance. We have broken through it once but i'm not taking that risk and i'll rather sit and hold until the target at $1280. If you're into taking a risk then go and hold until we reach $1350.

AdamPalmkvist

I believe we will grow steady over the months, as you see on the alternative bear trend line it it's very slow and i believe that's the course we'll be taking too, i'm guessing we'll grow a dollar or two every month, once the network effect kicks in we will grow exponentially! However i'm staying bearish entire august!

AdamPalmkvist

This is just an update to make my analysis more pretty and removing useless lines. Very bullish scenario with exponential rise is possible.

AdamPalmkvist

The last time i did an Analysis ICON i was a bit trolly with the trendlines. This is a more honest and accurate chart expecting ICX to hit 0.0000600 sats ($0.45 cents). It is hard to make these predictions when it's so volatile, however i do consider it valid still. The month August is expected really bearish, by experienced traders, so i'm also basing the...

AdamPalmkvist

I made a prediction a while ago found here: Because it was a bearish prediction i got some critique, even showed in the comments bellow, but since then we have been following the path downwards and we're on course with the bearish trendline. Thoughts?

AdamPalmkvist

It's still in a bear trend as you see it's position within the rectangle. Once it his 800 sats compared to it's current 1600 we will be where it was when it exploded. From there we will have a small explosion maybe towards 3 dollars because some rich whale will buy in. Therefore it will have it's steady growth over the years.