ICPUSDT/ICPUSD long idea
Updated
Just a quick chart based on what think may possssibly happen. I do have orders open around certain points, and I adjust them accordingly. trade at your own discretion, but know that I don't see ICP being dominated much longer by BTC and we will near a point of buying power sometime within the next 3 days (perhaps) I'm being optimistic, it may drag sideways for a few days and hit this weekend, or it may be in 5 minutes for all I know. Anyways, Safe trading!
Note
just an update, I would be careful about a continual long when BTC reaches 41k-42k territory. Don't paper-hands it and sell off, but if you notice a solid downtrend, it's okay to rebuy, I don't foresee the PT to be in the triple digits in this cycle (maaaybe if the dominance shifts back to the alts) just food for thought. We may see 72-80 for ICP, or we may see 150, or we may see 38- it's a bit gambly :P Good luck out there!
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.