ICP has made one of the weirdest patterns ever. The Bollinger bands have tightened almost beyond recognition, and we are about to make a quadruple bottom at the 2.6 stdv band.
Given the extreme narrowing and being at the bottom of a defined range, it's worth putting in a long order with limited risk and possibly insane upside if this tightening of the bands resolves upwards.
VC’s owning basically all the supply, ICP is worst than dog coins.
tanasta2
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@Mattysalads, yup I've been shorting this garbage since it was $400 ish literally retails giving money to VCs and short sellers
Eyasustock
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same I can't believe what a money 💸💰 tree shorting ICP has been...
nattawat18
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More likely Bear will win. waiting for $90 range again
lysergicalchemist
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Weird patterns and indecisions in the market because this technology is not fully understood.
brandonq1995
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Some serious indecision between bears and bulls lol. That $150 wall is pretty nasty with bulls not giving up $130. Statically though, longer this last the greater the odds bears will break $130.
David_Warren_Ellison
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@brandonq1995 either way with 5x leverage I have a guaranteed 37% ROI locked with stops at 136.20
David_Warren_Ellison
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@brandonq1995 the thing about walls is they move when price moves