Cryptorphic

#ICPUSDT Breaking out, Worth a shot?

Long
BINANCE:ICPUSDT.P   ICP / TetherUS PERPETUAL CONTRACT
Welcome to this quick trade setup.
ICP broke out of the orange falling wedge channel inside the larger channel.
If we zoom out you can see a bounce on the support trendline VOLUME IS LOOKING GOOD too.
Many indicators point towards reversal signs.

The strategy is to accumulate at lower levels by buying at every dip.

ENTRY: $15.47 to $17.54

Targets:-
$21.88
$29.83
$34.52
$40.12
$55.32
$81.33
$121.30

Stop Loss:- $14.77

Do your own research before investing, I am not a financial advisor.
Keep in mind this is a long-term
view and it can change as per market conditions.
If you want me to post more trade setups, do hit the like button and share your views in the comments section.


Thank you

#PEACE

Free Telegram Daily Futures signals:- telegram.me/thecryptorphic

Join My ELITE CLUB:- bit.ly/Join_elite

Idées en relation

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.