ICPUSDT 4H long setup Breakout of descending TL while in uptrend
TA explained
ICP is in a clear uptrend, trending above the EMAs on the 4H TF. Price just broke out of the descending trendline with this 4H candle which will close above it in 22 minutes (if nothing unexpected happens). Going for a swing long on this one
This is the bigger picture and the reason for the 3rd target:
Trade setup
Best entries: 60.85 - 65.86
TP1: 75.3
TP2: 90.44
TP3: 103.21
SL: 56.03
RR: 5.47
Max leverage: 1x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)
ICP is in a clear uptrend, trending above the EMAs on the 4H TF. Price just broke out of the descending trendline with this 4H candle which will close above it in 22 minutes (if nothing unexpected happens). Going for a swing long on this one
This is the bigger picture and the reason for the 3rd target:
Trade setup
Best entries: 60.85 - 65.86
TP1: 75.3
TP2: 90.44
TP3: 103.21
SL: 56.03
RR: 5.47
Max leverage: 1x
—————
Do Your Own Research (of course)
Trade at own risk (of course)
Only trade what you can afford to lose (of course)