Long

ICNBTC - Undervalued Crypto Index Fund (+1300%)

By Johnsonysu
Updated
A crypto fund with "digital arrays" or indexed coins with different risk profiles that's actively been traded.

Technicals:

-MACD bullish reversal
-Kumo breach
-MMAR reversal
-Bullish trendline


Fundamentals:


- Trading only 2x book value (Under 3x is cheap)
- Digital arrays contain quality coins
- Quarterly coin burn feature to be introduced that enables ICN token holders to participate indirectly in dividend distribution (20% of profits are used to buyback tokens, 80% is reinvested)
- Only coin to be planning a Big 4 audit
- Gateway token to help new investors with instant diversification in cryptos (think ETFs)
- Affiliate marketing to start 2018
Summary: BNB Binance style utility token + affiliate marketing + Index fund to crypto + strong returns = WIN!

Trading:

Hold up to 6 months, for up to 1300%.

Will update with key resistances and key target projections soon.
Comment
Look at bottom pennant channel for entry

snapshot
Comment
If price breaks down, consider dollar cost averaging and buy in at support line.

Trade void if support line broken (give or take some)

I recommend looking for a great entry and just buy & forget
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Johnsonysu

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