ICP has finally broken above its accumulation phase, marking an important change in market structure.
After spending months consolidating around the $2.00–$2.40 area, the breakout suggests that momentum has shifted from bearish to bullish.
From here, the approach becomes simple: instead of chasing the current impulse, we will treat bearish corrections as opportunities to look for trend-following long setups.
As long as the new bullish structure remains intact, the bulls stay in control.
📌 Breakout first. Correction second. Continuation next?
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
After spending months consolidating around the $2.00–$2.40 area, the breakout suggests that momentum has shifted from bearish to bullish.
From here, the approach becomes simple: instead of chasing the current impulse, we will treat bearish corrections as opportunities to look for trend-following long setups.
As long as the new bullish structure remains intact, the bulls stay in control.
📌 Breakout first. Correction second. Continuation next?
⚠️ Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always manage your risk and wait for proper confirmation before entering a trade.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
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Disclaimer
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📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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.
