$ICP Long Setup 4h Chart
Trendline reclaim momentum shift
Price dipped below the rising trendline and tapped the 2.858 to 2.911 support zone but buyers pushed it right back up. It now sits on the trendline again after a strong green recovery from the low. Higher lows are still intact and the fakeout below support looks like a liquidity sweep. If price holds above the trendline the move can run toward the 3.496 resistance
Entry 3.074
Take Profits
TP1 3.146
TP2 3.254
TP3 3.496
Stop Loss 2.845
Trendline reclaim momentum shift
Price dipped below the rising trendline and tapped the 2.858 to 2.911 support zone but buyers pushed it right back up. It now sits on the trendline again after a strong green recovery from the low. Higher lows are still intact and the fakeout below support looks like a liquidity sweep. If price holds above the trendline the move can run toward the 3.496 resistance
Entry 3.074
Take Profits
TP1 3.146
TP2 3.254
TP3 3.496
Stop Loss 2.845