MattieDsCryptoLounge

ICPUSDT 4H Short setup after Parallel channel breakdown

Short
BINANCE:ICPUSDT.P   ICP / TetherUS PERPETUAL CONTRACT
$ICP/USDT lost local support of rising parallel channel. Bearish continuation possible after a little pullback/retest of the breakdown level.

EMAs crossed bearish. RSI below 0.

Retest of the EMAs required to activate the short trade.

SL above broken support zone, which should now act as resistance.
Trade closed: target reached:
ICP reached target on the downward correction. 10.17% profit without leverage, 40.5% with 4x leverage

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