Hi friends!recently ICP were the most famous altcoin and a lot of newbie wanted to buy it. Now it`s close to the dip and after the breakout of the key level make nice pullback.
🚩As we can see the ICP make something loke reverse head and shouldders and i ghope it make some pullback to accumulate the power before the PUMP.
📊 Preconditions to open the long:
🔥 volume growth confirmed that big player accumulate the ICP. Also we see how the volume had grown at the local highs of ICP. A lot of small traders were trapped
🔥 local pullback and squeeze to the trendline
🔥 bullish BTC help all the alts reach the targets
🚩 DOM and Footprint are the tools which helps me to identify the whales BUY and SELL orders wall. The whales orders very often reverse the price. Also, we can open our longs with short stop loss below this order walls and highest RR ratio. I hope to see the buy orders on the pullback orduring the squeeze to the trendline!
📊 The targets:
1. $8-8.5 - closest value area and resistance for bulls
2. $10 - key level and even number shich is psychological resistance/support
Traders, do you remember ICP? Write in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
🚩As we can see the ICP make something loke reverse head and shouldders and i ghope it make some pullback to accumulate the power before the PUMP.
📊 Preconditions to open the long:
🔥 volume growth confirmed that big player accumulate the ICP. Also we see how the volume had grown at the local highs of ICP. A lot of small traders were trapped
🔥 local pullback and squeeze to the trendline
🔥 bullish BTC help all the alts reach the targets
🚩 DOM and Footprint are the tools which helps me to identify the whales BUY and SELL orders wall. The whales orders very often reverse the price. Also, we can open our longs with short stop loss below this order walls and highest RR ratio. I hope to see the buy orders on the pullback orduring the squeeze to the trendline!
📊 The targets:
1. $8-8.5 - closest value area and resistance for bulls
2. $10 - key level and even number shich is psychological resistance/support
Traders, do you remember ICP? Write in the comment!
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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