🔻 Trend Break Point: A break above $11 signals a potential trend reversal. The key resistance zone to watch is $11 - $15.
🔻 Consolidation Scenario: Keep in mind a possible wide range sideways movement, where after testing $11 - $15, the price could be pushed back down to $4 for consolidation and accumulation.
🔻 Downside: Liquidity buildup observed, which can be easily taken out, driving the price down to $3.7 - $3. PA below $11, the downtrend remains intact with likely consolidation around lower levels.
🔻 Fundamentals: ICP offers perceptive technology with a strong developer team, led by an active CEO. The project has solid marketing efforts and growing partnerships, which can help drive adoption in the future.
🟢 Green zone = buying opportunities.
🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
🔻 Consolidation Scenario: Keep in mind a possible wide range sideways movement, where after testing $11 - $15, the price could be pushed back down to $4 for consolidation and accumulation.
🔻 Downside: Liquidity buildup observed, which can be easily taken out, driving the price down to $3.7 - $3. PA below $11, the downtrend remains intact with likely consolidation around lower levels.
🔻 Fundamentals: ICP offers perceptive technology with a strong developer team, led by an active CEO. The project has solid marketing efforts and growing partnerships, which can help drive adoption in the future.
🟢 Green zone = buying opportunities.
🔴 Red zone = selling or profit-taking zones. Watch for setups and price action in these key areas.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.