ICP is about to breakout but wait for the retest confirmation or support confirmation above 61.7. You can treat above resistances as TPs. Good Luck
Disclaimer: not a financial advise. This is purely for educational purposes. Happy Trading!
ENTER 64.6 61
Targets 76.5 88.4 103 119
Mid-term Long position. I don't recommend keeping positions open for this long, however, I have calculated the fees for having the trade open for so long and it's manageable
Stop is at the lower end of the daily range and 6h chart shows potential for it to drop back down again into the wedge as...
This looks interesting even though fundamentally I do not trust the team at all. Short term we have a bunch of Higher Lows. As long as that's intact we are good to go at least to our short term target. I have also mentioned a bonus target to leave a bit for the end. But lets first get some momentum going. We are compressing hard so this should resolve either way...
Internet Computer Protocol (formerly known as Dfinity) has broken bearish after ascending TL was lost.
Now retesting 50MA resistance, we expect to bounce back on it and continue the retracement down.
Current Price= 63.24
Sell Entry = 63.98 - 67.14
Take Profit= 58.63 | 53.85 | 49.48
Stop Loss= 71.42
Risk/Reward= 1:1.18 | 1:2 | 1:2.74
Expected Profit= +21.14% |...