Hey traders!
ICP is showing a textbook Adam & Eve Double Bottom inside a Descending Channel โ and it's gearing up for a major breakout! ๐
๐ฅ Key Highlights:
Pattern: Adam & Eve reversal formation spotted โ
Structure: Descending Channel breakout imminent โ
RSI: Bullish momentum confirmed with breakout above 50 level โ
Volume: Healthy uptick in volume during Eve formation โ
Major Support Zone: $4.50 - $4.90 (strong historical demand)
๐ฏ Target Levels (Fibonacci-Based):
TP1: $5.99 ๐
TP2: $7.26 ๐
TP3: $8.71 ๐ธ
TP4: $9.79 ๐
๐ก๏ธ Risk Management:
Invalidation: If price drops below $4.60 support zone โ
๐ Trade Idea:
Waiting for daily close above the neckline (~$5.30) with strong volume confirmation before entering. ๐
๐ง Notes:
Conservative traders can wait for a clear retest of the breakout line.
Aggressive traders may enter on breakout candle with volume confirmation.
๐ฅ Community:
If you found this helpful, smash the LIKE button โค๏ธ, follow me for more setups, and share your thoughts in the comments! ๐
Let's grow together, team! ๐ฌ
#icp #icpusdt #crypto #cryptotrading #priceaction #chartpattern #breakout #bullish #tradingview
ICP is showing a textbook Adam & Eve Double Bottom inside a Descending Channel โ and it's gearing up for a major breakout! ๐
๐ฅ Key Highlights:
Pattern: Adam & Eve reversal formation spotted โ
Structure: Descending Channel breakout imminent โ
RSI: Bullish momentum confirmed with breakout above 50 level โ
Volume: Healthy uptick in volume during Eve formation โ
Major Support Zone: $4.50 - $4.90 (strong historical demand)
๐ฏ Target Levels (Fibonacci-Based):
TP1: $5.99 ๐
TP2: $7.26 ๐
TP3: $8.71 ๐ธ
TP4: $9.79 ๐
๐ก๏ธ Risk Management:
Invalidation: If price drops below $4.60 support zone โ
๐ Trade Idea:
Waiting for daily close above the neckline (~$5.30) with strong volume confirmation before entering. ๐
๐ง Notes:
Conservative traders can wait for a clear retest of the breakout line.
Aggressive traders may enter on breakout candle with volume confirmation.
๐ฅ Community:
If you found this helpful, smash the LIKE button โค๏ธ, follow me for more setups, and share your thoughts in the comments! ๐
Let's grow together, team! ๐ฌ
#icp #icpusdt #crypto #cryptotrading #priceaction #chartpattern #breakout #bullish #tradingview
Pesanan dibatalkan
$4.6 got breached before neckline breakoutPenafian
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.