After the strong drop that started in December last year — a move of almost 70%, from 15.5 down to around 4 — ICP entered a 4-month consolidation/accumulation phase.
The range is well defined:
• Support: around 4.5
• Resistance: slightly above 6
With Total3 showing a bullish outlook, there’s a high probability that ICP will finally break above 6 and accelerate towards the 10 USD key zone.
That would mean roughly a 70% upside, and with a 1:3 risk-to-reward ratio, this setup deserves your attention.
📌 Plan: Watch for a confirmed breakout above 6 and manage risk according to your trading rules.
🚀
The range is well defined:
• Support: around 4.5
• Resistance: slightly above 6
With Total3 showing a bullish outlook, there’s a high probability that ICP will finally break above 6 and accelerate towards the 10 USD key zone.
That would mean roughly a 70% upside, and with a 1:3 risk-to-reward ratio, this setup deserves your attention.
📌 Plan: Watch for a confirmed breakout above 6 and manage risk according to your trading rules.
🚀
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.