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ICPUSDT 4H Short setup after Parallel channel breakdown
ICP / TetherUS PERPETUAL CONTRACT
Short
ICPUSDT 4H Short setup after Parallel channel breakdown
By MattieDsCryptoLounge
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Updated
Dec 19, 2022
1
4
4
Dec 8, 2022
I
ICP/USDT
lost local support of rising parallel channel. Bearish continuation possible after a little pullback/retest of the breakdown level.
EMAs crossed bearish. RSI below 0.
Retest of the EMAs required to activate the short trade.
SL above broken support zone, which should now act as resistance.
Dec 19, 2022
Trade closed: target reached
ICP reached target on the downward correction. 10.17% profit without leverage, 40.5% with 4x leverage
ICPUSDT
Moving Averages
Parallel Channel
shortsetup
MattieDsCryptoLounge
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