ICE is extremely volatile. It can't seem to break pass the 10.4 resistance. Support is at 7.90. Based on 1 day ICE charts. ICE may bounce between 7.90 and 10.4, until BTC has a clearer direction.
So where is BTC? BTC seems to be forming a new support/resistance on the 1 hour chart. resistance 35.8k support 34.4k
This is extremely risky and only for short term scalping. Would rather wait for 1 day BTC charts, to show the stronger support & resistance .
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Bought in some now. But just for short term scalping. My intention is to sell later and buy again later.
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My earlier buy is a very risky trade. until BTC's simple moving average and candles send a clearer picture
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Personal opinion here, not sure I wanted ICE to be associated with WMEMO as Time Wonderland is a diluting asset. I may just refocus on buying FTM instead next, till I understand how this collaboration works.
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5.20 or 3.20 next?
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I bought in at 8. Given the big bounce back in US500 and BTC crossing 37200. BTC should touch at least 40000.
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Too many issues with FROG nation, starting with TIME. I'm out, as TIME will cause ICE to fall with all the bad publicity.
Trade closed manually
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The moment there were issues with 1 project = the trust is broken!