ICP / TetherUS

ICP - Reversal Wedge Breakout ✅

1992
ICP had been in a wedge for the better part of 6months and we are finally seeing a bullish breakout. As mentioned before in previous posts, wave E can sometimes fall short - which we got here for ICP. Wave E fell short but we created a double bottom pattern before the breakout which is a good bullish indicator for reversal.

Trade Idea:
- Look for lower timeframe pullbacks and enter
- Put stops below the lows
- Targets: 37, 57, 100, 150, actively manage the rest.

ICP has the potential to go much higher. Buying it at the lows here would be great for a long term investment.

Goodluck!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.