ICP has almost finished its bearish ABC corrective wave. Wave C consists of 5 waves and we are in the 5th wave now, which appears to be a descending wedge. A descending wedge is often a bullish reversal pattern.
The confirmation required is a strong bullish impulse breaking the wedge. For entry we'd require a correction to follow where we can mark up clear invalidation levels.
Trade idea: - once confirmation appears, enter with stops below the correction - Targets: 37, 57, 100, 150, actively manage the rest
Will update this chart when a breakout appears and we can actively monitor it for the best entry.
that scam will never finish its correction it will be correcting till 0
kindBus69
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@DedZinda, lol Do you have any proof or you are reinforcing your own beliefs based on gossips? maybe you should know what FTX has done to manipulate the price before launch.
Opylica
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@kindBus69, Dont try tell ppl what is happening ... let them learn when they are able to see the truth , then will be to late . I need , we need, to get as many as we can of ICP before ppl realize ;) stick to your plan and dont tell to many ppl about this
it will be correcting till 0