$ICP is still looking bullish on the 4H but I don’t chase it around $3.45
The bigger trend is strong & the pullback from $3.607 is still holding above the important $3.38 to $3.40 area
I will open a long position if ICP comes into $3.40 to $3.43 and buyers defend it
Entry around $3.40 to $3.43
TArgets
$3.55
$3.61
$3.70
Stop Loss $3.34
If ICP loses $3.34 I’m dropping the long idea
There is also a cleaner breakout option if buyers reclaim $3.48 and hold above it
The current move is already strong with ICP up sharply over the past week so I’d rather get the pullback than follow the candle.
The bigger trend is strong & the pullback from $3.607 is still holding above the important $3.38 to $3.40 area
I will open a long position if ICP comes into $3.40 to $3.43 and buyers defend it
Entry around $3.40 to $3.43
TArgets
$3.55
$3.61
$3.70
Stop Loss $3.34
If ICP loses $3.34 I’m dropping the long idea
There is also a cleaner breakout option if buyers reclaim $3.48 and hold above it
The current move is already strong with ICP up sharply over the past week so I’d rather get the pullback than follow the candle.