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!
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!
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