Evening Traders,
Today’s analysis – ICUSDT – trading above its local s/r where continuation to the upside is probable,
Points to consider,
- Price Action Impulsive
- Dynamic S/R Support
- Swing High Objective
- Declining Volume
- RSI Neutral
ICPUSDT’s immediate price action is impulsive, trading above its dynamic support allowing for a bullish bias.
The swing high is the immediate objective, exceeding this level will increase the probability of a trend continuation.
The current volume is on a decline, an influx is highly imminent when testing a new trade location.
Overall, in my opinion, ICPUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helped,
Thank you for following my work
And remember,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
Today’s analysis – ICUSDT – trading above its local s/r where continuation to the upside is probable,
Points to consider,
- Price Action Impulsive
- Dynamic S/R Support
- Swing High Objective
- Declining Volume
- RSI Neutral
ICPUSDT’s immediate price action is impulsive, trading above its dynamic support allowing for a bullish bias.
The swing high is the immediate objective, exceeding this level will increase the probability of a trend continuation.
The current volume is on a decline, an influx is highly imminent when testing a new trade location.
Overall, in my opinion, ICPUSDT is a valid long with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helped,
Thank you for following my work
And remember,
Timing, perseverance, and ten years of trying will eventually make you look like an overnight success. – Biz Stone
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
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.