ICP - Bear Time Pump

Updated
AVAX/USD - Bear Time Pump


Same idea as AVAX.

IF - big if - the price retraces the recent FTX dump and closes above $4.6 (June lows), then I can see it squeeze up to the two areas highlighted in red. I plan on buying where the red arrow points.

If the price closes back below $4.6 after rising and closing above it, then this prediction is invalidated. What I mean is that my prediction holds only if the coin finds support above $4.6
Note
Price was stopped at exactly $4.6. I have some added confidence in this thesis now, but no trade yet and until the daily closes above 4.6.

If it breaks above, we should see at least a higher high above $5.8, but I'm hopeful it'll hit $10.
Note
snapshot

I'd like to long after a pull back to $4.7 - $5. It has no business back below 4.5.
Trade active
$4.7 was hit and we have a bounce back above $5. Good luck.
Note
LFG!
ICPICPUSDICPUSDTTrend Analysis

Also on:

Related publications

Disclaimer