ICPUSD trade ideas
You should note . . one of the few blockchains trying to ignore the bullshit from the FED (the FED are DEAD, if the People want it!!) . .is ICP . .why ? . .because they were shafted from Day 1 . .by the Establishment ..who were determined to sink their ship . .a ship designed to sink Google / Amazon /Faceass/and all the rest . .and free Humanity from Internet Slavery . .people need to toughen up - bad times ahead, and those that hold will win . .for sure !!!..FIAT IS DEAD
Could ICP actually break to the upside for once?If we have indeed already found are market bottom, then we may actually see ICP break upward for once in its existence. If it does the target is all the way up at $11. It’s hard to trust this asset considering how far it has fallen, but at the same time, if there’s ever a chance this one can find a way to ever set a new all time high and I bought in at this level, I would stand to make a crazy profit if I could HODL it for that long (if it ever even comes close to its ath). Most people that would take this current trade would likely probably take profits once it hit the target which is always wise, however I may buy such a small portion here that letting it sits until a possible new ath wouldn’t phase me at all…grabbing a small amount here with money I can afford to lose is worth it I won’t have to stress about when to get rid of it and if I get lucky enough to see ICP hit another ath I can take it out at that point. If it continues to dip no big loss for me as I have nothing major invested in it anywyas *not financial advice*
CUP AND HANDLE SET UP $ICPThese rules are based on Thomas N. Bulkowski's book 'Encyclopedia of Chart Patterns'
Hi guys, cup and handle set up on ICP.
1. Previous to 1st cup lip rise in price > 30%
2. Right cup lip around the same price as left cup lip
3. Length of cup > 7 weeks.
4. length of handle > 1 week.
5. Invalid if daily close below 50% of the cup
These rules are based on Thomas N. Bulkowski
Targets are on the chart.. would suggest running a trailing SL to get max returns on this one.
Like and follow if you found this of use.
Not financial advise.
ICP- Time to riseSince the beginning of May, ICP has started to form a cup and handle pattern with the handle made in the last days which is about to be broken.
A break above short-term resistance followed by a break above 10 figure could lead to further gains to the important 15-16 zone resistance.
I'm bullish as long as the recent low is intact
Nice Technical tradeLooks like this is being pulled along by bitcoins current rally and the momentum has cause the price to break up and out of the previous ascending range/channel, retested the break, now currently developing support on top of the previous resistance.
This is crypto, odds are longer, trades are more fragile because liquidity can trap you.... This is really just for fun and if anyone follows this trade, they should be prepared to lose all deployed capital and possibly even more through incidental costs and tax liabilities.
THIS IS NOT FINANCIAL ADVICE, THE ONLY ADVICE IS TO MAKE YOUR OWN TRADES
ICP ready for a riseICPUSD is forming the bottom.
Pullback can occur, however we don´t expect it to retest previous lows.
Mid-term target: 17 $
We expect ICPUSD to rise together with other crypto in August.
In early September after reaching the target , sell off expected.
Time to accumulate ICP is now.