ICE is retesting a key S-R level right at the 50% of the macro range.
ICE is facing a major headwind in the ongoing tokenization of assets, which allows retail to trade commodities once exclusive to Int. Exchange on centralized platforms like Kraken and Coinbase.
If price finds support here, it's a long opportunity.
If price breaks below, expect downtrend continuation in the short-mid term. I would target the next fib level and sellside liquidity at previous swing lows.
happy trades
ICE is facing a major headwind in the ongoing tokenization of assets, which allows retail to trade commodities once exclusive to Int. Exchange on centralized platforms like Kraken and Coinbase.
If price finds support here, it's a long opportunity.
If price breaks below, expect downtrend continuation in the short-mid term. I would target the next fib level and sellside liquidity at previous swing lows.
happy trades
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.