💎 Paradisers, #ICP has broken out of a descending channel and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move.
💎 The candle has closed above the resistance level, but I am expecting a slight retracement to trap buyers. We can then anticipate a bullish movement from the Fair Value Gap (FVG) zone. Be cautious here and look...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (64.39).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. ICPUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic...
BINANCE:ICPUSDT
Daily Timeframe
Line T is showing an uptrend.
Line B resistance flipped to support.
Line X is next resistance and Line M is a major resistance.
Aqua Box is now acting as a major support area.
Golden Ratio is sitting exactly near Line M. So, We will take full profit there.
