ICP 5x potential? Yesssss!
ICP has been underperforming since May listing in Binance but the good news is I believe ICP is poised for rally in not too distant future based on 2 key factors:
1. Current price of $30 is a strong support area, multiple bounces since Jun'21
2. There is significant buying pressure in in the last few days, where volume is significantly higher whilst price spread is considerably insensitive compared to previous moves.
Enter with leverage at the moment is not encouraged as the volatility in BTC is still high. However, if you are HODLER, this price is juicy to enter and based on fib level, a 5x is likely to happen at the entry level.
Entry: Below $30
SL: No stop loss, long term HODL
TP: $93, $133, $197
Please show your support by giving a like and follow. If you have different opinion, appreciate for your constructive view.
I may do charting upon request
1. Current price of $30 is a strong support area, multiple bounces since Jun'21
2. There is significant buying pressure in in the last few days, where volume is significantly higher whilst price spread is considerably insensitive compared to previous moves.
Enter with leverage at the moment is not encouraged as the volatility in BTC is still high. However, if you are HODLER, this price is juicy to enter and based on fib level, a 5x is likely to happen at the entry level.
Entry: Below $30
SL: No stop loss, long term HODL
TP: $93, $133, $197
Please show your support by giving a like and follow. If you have different opinion, appreciate for your constructive view.
I may do charting upon request
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