ICP (dfinity) bold take Having seen this vicious VC dump, driven by numerous actors across the board, in many presale marketing sponsorships. I’ve made the gut decision to believe, they will definitely buy back cheaper. they may not and I’m okay with that but plan accordingly. *Not FA*
I’ve seen this coin dump from 660$ (it’s listing), to 32$, which is more than a 95% dip.
Keeping in mind the psychological warfare we see in crypto-on twitter specifically-I’ve concluded this is definitely more concrete fud being spoken than actually bearish reasons.
They want you to sell your coins, thankfully I never got married to it and took my onlyloss on it from $120 -> 105$ Per share-I saw the bs and so did the people around me-I have them to thank for that partially. I’m also glad I cut my losses closer to the top than not at all-I saw the dynamic develop on twitter.
They quite literally just increased their buying power at this dip and no one saw it coming-myself included. I am creating this first post in an attempt to be better and more methodical in my approach.
The main bulk of my analysis is inverted head and shoulders patterns on LTFs for swing traders, combined w a Fibonacci-based ema swing strategy. I’m probably going to pull my position at 50$ and rebuy around 43$. Not financial advice-just my personal (spot) position.
Having said that, I will publish another picture on top of this to indicate a more near inverse head and shoulders pattern...this is better than inception lol.
