Hey traders!
ICP is showing a textbook Adam & Eve Double Bottom inside a Descending Channel — and it's gearing up for a major breakout! 📈
🔥 Key Highlights:
Pattern: Adam & Eve reversal formation spotted ✅
Structure: Descending Channel breakout imminent ✅
RSI: Bullish momentum confirmed with breakout above 50 level ✅
Volume: Healthy uptick in volume during Eve formation ✅
Major Support Zone: $4.50 - $4.90 (strong historical demand)
🎯 Target Levels (Fibonacci-Based):
TP1: $5.99 📈
TP2: $7.26 🚀
TP3: $8.71 🛸
TP4: $9.79 🌕
🛡️ Risk Management:
Invalidation: If price drops below $4.60 support zone ❌
📈 Trade Idea:
Waiting for daily close above the neckline (~$5.30) with strong volume confirmation before entering. 🚀
🧠 Notes:
Conservative traders can wait for a clear retest of the breakout line.
Aggressive traders may enter on breakout candle with volume confirmation.
🔥 Community:
If you found this helpful, smash the LIKE button ❤️, follow me for more setups, and share your thoughts in the comments! 🚀
Let's grow together, team! 💬
#icp #icpusdt #crypto #cryptotrading #priceaction #chartpattern #breakout #bullish #tradingview
ICP is showing a textbook Adam & Eve Double Bottom inside a Descending Channel — and it's gearing up for a major breakout! 📈
🔥 Key Highlights:
Pattern: Adam & Eve reversal formation spotted ✅
Structure: Descending Channel breakout imminent ✅
RSI: Bullish momentum confirmed with breakout above 50 level ✅
Volume: Healthy uptick in volume during Eve formation ✅
Major Support Zone: $4.50 - $4.90 (strong historical demand)
🎯 Target Levels (Fibonacci-Based):
TP1: $5.99 📈
TP2: $7.26 🚀
TP3: $8.71 🛸
TP4: $9.79 🌕
🛡️ Risk Management:
Invalidation: If price drops below $4.60 support zone ❌
📈 Trade Idea:
Waiting for daily close above the neckline (~$5.30) with strong volume confirmation before entering. 🚀
🧠 Notes:
Conservative traders can wait for a clear retest of the breakout line.
Aggressive traders may enter on breakout candle with volume confirmation.
🔥 Community:
If you found this helpful, smash the LIKE button ❤️, follow me for more setups, and share your thoughts in the comments! 🚀
Let's grow together, team! 💬
#icp #icpusdt #crypto #cryptotrading #priceaction #chartpattern #breakout #bullish #tradingview
Order cancelled
$4.6 got breached before neckline breakout
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.