Spotted a potential long setup for ICX BTC pair, based on volume, higher timeframe RSI TL breakouts. Could take months to fill the orders.
Looking for a stop run on the two most recent swing lows for an entry.
Similar to what happened last December->Feb
Can ladder orders within the green box.
When they get filled, stop losses go below the green box, or...
RSI resistance TL break on 1d-3d + apparent change in market structure out of the downtrend.
Optimal entry is in the green box (303-342 sats)
Stop Losses below 303
Med term Targets = 452, 515, 575, 671 sats
$TNTBTC long setup R ~ 3
target 1 ~ 640 sats
target 2 ~ 683 sats
- green HA candle on top of 10 SMA on top of 20 SMA
- broke into komu cloud with magnet top, edge to edge setup
- Historical S -> R @ 519
- low volume