Thread by @Cryptowhale10

1)I believe we had just witnessed one of the most bullish weekly closes on $ICX and $BTC which is hugely important. When zooming out and looking at the bigger picture I couldn't help to get even more bullish on $ICX then I already was. I will explain 👇

2) #ICONSpartans are here for the long term, so we should focus on higher time frames. Looking at the weekly we can see that before the huge surge in 2017 we had some resistances before the massive 100x .We broke 0.36$ but couldn't break 0.55$ then found clear support at 0.36$

3) after breaking 0.55$ and rocketing towards 2$ 😱 it had to retest 0.55$ and make it strong support. The huge resistance after was 0.80$~ after breaking 0.80$ it didn't look back and went to its ATH🔥🚀🔥

4)after we witnessed the immense euphoria we went into a clear downtrend for 104 weeks 🤕🤒. When we broke the downtrend resistance line we saw the huge breakout,which
supports my claim that we have left the 🐻 market. And now its clearly forming a uptrend (bleu line)

5) after breaking the downtrend we saw a clear rejection at 0.60$ ( which is nothing more then a wick above 0.55$) we then tried to make 0.36$ support as we did in 2017, but failed. However 8 weeks later we started the uptrend. Then we struggled to break 0.36$ for 11weeks.

6) we finally made it support and whitin 3weeks surged 120% (0.80$ major resistance 2017) we then moved back all the way towards .... yes you guessed it ..0.36$‼️ And that is where we witnessed it becoming support. ( hugely bullish) now, whats next?

7) Now MAJOR resistance is 0.55$ and we should make it support. Then breaking 0.80$ and we are off to the races. However ....👇

8) Should we fail to hold 0.36$ as major support we will definitely see 0.28$ and maybe low 0.20$ depending on $BTC. However the 0.36$ and 0.55$ would remain major hurdles. But I am optimistic that won't happen. Why? 👇

9) look at the market cycle and look again at the $ICX chart, do you see any similarities? Yes scary right? I believe we have just exited the depression stage and found resistance at the emotion of disbelief (0.80$) and we are about to enter the HOPE stage ( breaking 0.55-0.88)

10) now what do I invison happening to $ICX for the coming 2-3 years? Drum rolls please........

11) call me crazy or call me conservative.But i believe after making 0.36 strong support and doing the same to 0.55$ and breaking 0.80$ we will make our way towards 50$~With mass adoption around the corner, staking amount increasing on daily basis,I can see it clearly. $ICX 🚀

12) this thread is not enough to express my bullishness on $ICX however I tried to share my vision with you guys. Focus on the bigger picture. It will happen. Where do you guys think we are in the Emotional cycle? Stay strong guys #ICONSpartans