The setup suggests that ICP may be breaking out of a long descending period, indicating the start of a new major uptrend leg.
Entry Zone: Shown on the chart at the support zone
Stop Loss (SL): 4H close below 2.470 doesn't support the upward momentum. That is a crucial level that should not be broken.
Take Profit (TP) Targets:
TP1: $12.68
TP2: $16.36
TP3: $20.20
Never Risk More Than 1-2% of your Total Account. Only enter this trade if you fully understand the risks involved. Trading is speculative.
Good Luck!
Entry Zone: Shown on the chart at the support zone
Stop Loss (SL): 4H close below 2.470 doesn't support the upward momentum. That is a crucial level that should not be broken.
Take Profit (TP) Targets:
TP1: $12.68
TP2: $16.36
TP3: $20.20
Never Risk More Than 1-2% of your Total Account. Only enter this trade if you fully understand the risks involved. Trading is speculative.
Good Luck!
Operación activa
We are currently at the deeper support zone, I'm staying in as long as we are not closing below.
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shorturl.at/mTwUY
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.