ShawnMCR

ICP - Trade Setup

BINANCE:ICPUSDT   ICP / TetherUS
ICP looks a bit like KSM.
The only difference is that the second support level is so low that I don't see it happening. but still be careful!
The sell volumes are high and I think this local support is good enough for holding the price up. In this case, the price might consolidate in this price range. Don't do any short-term tradings for now because those 2 resistance areas are strong and our of the Bollinger range so we need the market to recover, before crossing those areas. Might happen this weekend! Let's see how BTC plays.

Current Market Price: $40

Good Luck
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