Bullish view on ICP/USDT
Updated
Hi all
What is my view on ICP/USDT ?
ICP shows a positive price development. both buyers and sellers have been tricked at one time (including me).
Later I saw a logical liquidity grab from a lower zone. Since then, the price has gone up again so I expect a breakout soon. Before I get in I wait for a breakout+retest or a drop to .618/.71 fib level
Negative scenario
It's possible that the consolidation continues or that there are traps again. That's why I am waiting for further development of the price. Be patient!
Always do your own research.
What is my view on ICP/USDT ?
ICP shows a positive price development. both buyers and sellers have been tricked at one time (including me).
Later I saw a logical liquidity grab from a lower zone. Since then, the price has gone up again so I expect a breakout soon. Before I get in I wait for a breakout+retest or a drop to .618/.71 fib level
Negative scenario
It's possible that the consolidation continues or that there are traps again. That's why I am waiting for further development of the price. Be patient!
Always do your own research.
Note
Put your SL to breakeven if the price reaches $51-$52
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