This is my first altcoin trade in 1.5 years, not because i believe in this project. but i believe in the reward it will give as a trading vehicle during the move upwards the coming month. Was not expecting this strong move upwards, but all models pointed to a mini run with volume to back it up. stepped in around $4 and believe this can run to $8. After that we will print a new low.
Trade active
Rising wedge pattern is forming & volume is decreasing, lets keep a good look on BTC, when it fails to clear the 22k resistance and thus breaks out of the rising wedge pattern, i am going to close this trade on ICP.
Note
BTC is consolidating within the rising wedge, BTC sets the trend this run:Trade closed manually
Sold my ICP because of low volume and BTC broke out from the rising wedge, ICP is finding some support , but i think it will break out too. $8 target is gone. still a 20% profit trade for me.BTC
ICP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.