DrDovetail

Could ICP actually break to the upside for once?

DrDovetail Updated   
COINBASE:ICPUSD   Internet Computer
If we have indeed already found are market bottom, then we may actually see ICP break upward for once in its existence. If it does the target is all the way up at $11. It’s hard to trust this asset considering how far it has fallen, but at the same time, if there’s ever a chance this one can find a way to ever set a new all time high and I bought in at this level, I would stand to make a crazy profit if I could HODL it for that long (if it ever even comes close to its ath). Most people that would take this current trade would likely probably take profits once it hit the target which is always wise, however I may buy such a small portion here that letting it sits until a possible new ath wouldn’t phase me at all…grabbing a small amount here with money I can afford to lose is worth it I won’t have to stress about when to get rid of it and if I get lucky enough to see ICP hit another ath I can take it out at that point. If it continues to dip no big loss for me as I have nothing major invested in it anywyas *not financial advice*
Comment:
Price action has created a more conventional horizontal neckline for the inverse head and shoulders pattern now and is in the process of completing the right shoulder for the new neckline. Look for the previous white downward slanted neckline to maintain support, if so then the right shoulder for the new neckline should reach its apex around a retest of the white line.
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