This is my first altcoin trade in 1.5 years, not because i believe in this project. but i believe in the reward it will give as a trading vehicle during the move upwards the coming month. Was not expecting this strong move upwards, but all models pointed to a mini run with volume to back it up. stepped in around $4 and believe this can run to $8. After that we will print a new low.
Trade active:
Rising wedge pattern is forming & volume is decreasing, lets keep a good look on BTC, when it fails to clear the 22k resistance and thus breaks out of the rising wedge pattern, i am going to close this trade on ICP.
Rising wedge pattern is forming & volume is decreasing, lets keep a good look on BTC, when it fails to clear the 22k resistance and thus breaks out of the rising wedge pattern, i am going to close this trade on ICP.
Comment:
BTC is consolidating within the rising wedge, BTC sets the trend this run:
Trade closed manually:
Sold my ICP because of low volume and BTC broke out from the rising wedge, ICP is finding some support , but i think it will break out too. $8 target is gone. still a 20% profit trade for me.
BTC
ICP
BTC
ICP