ICUSDT Trade IdeaUp wards :
We are Looking for Elliote Wave Structure, we need to hold Current zone, if we broke Resistance of 50.33 with Good volume and with Strong bullish candle move, then surely we are going to Chase next resistance in Next move
Downwards :
If we are not able to hold current zone strongly then we may go low to test levels for future supports, key levels are : 48.19 & 46,43
Keep in mind :We are bullish thats confirmed, we are creating base for more upward movements.!
ICPUST trade ideas
ICP/USDT(The Bottom is Up)•ICP is trading around $44 and we do have a major support at $38-$40 price level
•The price has completed ABC Wave and it's most likely to go up from here to complete D Wave ,while it's forming Double Bottom too
•Accumulation can be done between $40-$44 price level,while targets are given on the screen
•$55 is a major resistance,if the price managed to break above this then there are high probabilities that it can go upto $65 price level
💡Don't miss the great buy opportunity in ICPUSDTrading 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 support.
. The RSI is at 61.
Take Profits:
TP1= @ 68.67
TP2= @ 71.38
TP3= @ 76.56
TP4= @ 83.03
TP5= @ 91.83
SL= Break below S2
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