Everyone is watching the bigger timeframes.
I’m watching $ICP struggle right at 4H resistance.
$ICP SHORT
Entry: $2.43 to $2.48
Stop Loss: $2.51
TP1: $2.39
TP2: $2.34
TP3: $2.29
I only need one thing here: sellers to keep defending this zone.
If they do, $2.39 is the first crack. Lose that, and $2.34 to $2.29 opens up fast.
For me, $2.51 is where the short idea is wrong.
Until then, I’m staying with the rejection.
I’m watching $ICP struggle right at 4H resistance.
$ICP SHORT
Entry: $2.43 to $2.48
Stop Loss: $2.51
TP1: $2.39
TP2: $2.34
TP3: $2.29
I only need one thing here: sellers to keep defending this zone.
If they do, $2.39 is the first crack. Lose that, and $2.34 to $2.29 opens up fast.
For me, $2.51 is where the short idea is wrong.
Until then, I’m staying with the rejection.