ICPUSDT 4H Short setup after Parallel channel breakdown
IICP/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.
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.
Trade closed: target reached
ICP reached target on the downward correction. 10.17% profit without leverage, 40.5% with 4x leverage
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.