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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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.