ICPUSDT PUMP !!As you can see, ICPUSDT is in the daily resistance (RED LINE) with the breakout of 4H resistance to become support
For entry, we will wait for retest with a healthy bullish biased terms
Bearish movement may occur also but its less likely since BTC is having a pump more to the upside now
Thats all from me LADS, HAPPY TRADING ;)))
ICPUSDT
Dfinity (ICP) • Above resistance and Trending Dfinity just broke resistance range. Volumes also look good for possible uptrend.
This coin got destroyed last months but it is now looking good for possible 330 levels (50% of whole correction from ATH)
Marketcap: $12B (#17)
Open interest: $6.97M
Funding Rates: Flat
ICP/USDT (Bullish Daily Breakout?)💎Technical Analysis Summary💎
ICP/USDT
-Internet Computer has finally broken the daily resistance area
-This is a good sign after 30 days consolidation above 54 dollars
-If the bulls can turn the old resistance to new support
-Then expect a further upside move up to $100 or higher
-By looking at the structure above, the potential strong resistance is at $120-$137
-That would be a perfect sell area for swing traders who entered before the breakout
-Our current trade on this coin is already in profit and we got the sweet spot
-I'll be moving my stop-loss at BE to protect my capital
-Good luck everyone and make sure to book some profit along the way
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If ICP breaks 77$, we will probably see 100$ right after! Here's a quick look at ICP 6 hr chart. As we can see, the price has formed a bigger bull flag and we could see a bigger breakout soon! Definitely one to keep an eye on. The best entry would be, when the price breaks above the level shown in the chart with good amount of volume. The thing with ICP is that there's no big resistance between 77$ and 100$ hence why it will probably skyrocket to 100$ after a the breakout form the 77$ level.
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The idea is: Buy the breakout from the level shown in the chart and take profits at the levels shown in the chart.
Targets:
1. 85$
2. 91$
3. 100$
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