ICP / TetherUS
Corto
Actualizado

#ICP/USDT Short 1 H

281
#ICP

The price is moving within a descending channel on the hourly timeframe. It has reached the upper boundary and is heading towards breaking it. A retest of this boundary is expected.

The Relative Strength Index (RSI) is showing an upward trend, as it has approached the upper boundary. A bearish reversal is expected.

There is a key support zone in green at 3.51. The price has bounced from this zone several times and is expected to bounce again.

A consolidation trend is observed above the 100-period moving average, which we are approaching. This trend supports a decline towards this level.

Entry Price: 3.22
Target 1: 3.15
Target 2: 3.047
Target 3: 2.94

Stop Loss: Above the green support zone.

Remember this simple thing: Money management.

For any questions, please leave a comment.

Thank you.
Operación cerrada manualmente
#ICP
Target 1: 3.15 Reached

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