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ICPUSDT

ICPUSDTICP wants the breakout after the price created an amazing descending channel If the price is going to have a breakout. The price reached the support line and after showing signs of support our long signal was given and then the price reached our target at the first resistance line. The ICP breakout and close above the resistance zone now turned it into support. Additionally, the price broke a channel pattern that indicates a bullish intent. You can look for a potential buy setup in the $18.2 to $20.03 range. Around $22.30 and $24.50 is the resistance level. Yesterday when the BTCUSDT price went down, the ICPUSDT price was holding quite well and pushing up - this is a good signal that there are still buyers, who are interested in icp. ICP has been scraping the ground of heavily oversold RSI areas since January. there's a optimistic gaolbreak within the candle chart additionally on the 1D timeframe and it's attainable the subsequent bullish situation and targets play. ICPUSDT 📈 TYPE- LONG Leverage : 5X - 10X CAPITAL : 5% ✅ENTRY :- 18 - 19 🚫Stop-loss :- 15 (depending of ur risk) 🎯 Target 1 :- 20 🎯 Target 2 :- 22 🎯 Target 3 :- 25 🎯 Target 4 :- 29 🎯 Target 5 :- 32 🎯 Target 6 :- 35
by cryptopholic1
ICP shortTotal Market: - Falling back during consolidation, expecting another retest of support Daily: - Broke below daily support 4H: - broke below support, retested and turned resistance, got rejected @ 20 EMA & formed a bearish engulfing candle close. Current 4H candle currently rejecting higher with wick 1H: - Had Bearish engulfing breaking out of short term uptrend line Trade Management: - Plan on adding to position upon breakout of low / 1.0 fib extension level Stop loss: 18.81 - Inside of strong previous support, above local high Take profit: 13.44 - 1.618 fib extension level (all time low so dont have price to the left to use as a potential target point)
Short
by CMSTrading
ICP - The Breakout. ICP is within a descending correction and we're in the E wave now. Sometimes the E wave can fall short so we should be prepared if we breakout early. Risk entry would be a break of the descending trendline. Ideally we'd want ICP to make another low but we should be prepared for both scenarios. Trade Idea: - simply wait for the breakout and enter with stops below the lows - If we drop lower once more, watch for lower timeframe trend reversal patterns e.g. bullish engulfing candles on 4H. Enter then with stops below the lows - Targets: 37, 57, actively manage the rest Goodluck!
by Altsignals
4