I'm tracking a larger ABC correction on $ICP, and wave B looks like it might be wrapping up soon.
Here's what stands out: price is making a higher low while RSI prints a lower low — classic hidden bullish divergence. That's the kind of setup that often precedes a strong C-wave rally, assuming broader market sentiment holds.
What I need to see: a clean reversal and a break above the recent lower highs. That would confirm the structure and open the door for the next leg up.
Invalidation is simple: below $1.74, this count is toast and we reassess.
Stay disciplined. Let the structure prove itself before committing.
Here's what stands out: price is making a higher low while RSI prints a lower low — classic hidden bullish divergence. That's the kind of setup that often precedes a strong C-wave rally, assuming broader market sentiment holds.
What I need to see: a clean reversal and a break above the recent lower highs. That would confirm the structure and open the door for the next leg up.
Invalidation is simple: below $1.74, this count is toast and we reassess.
Stay disciplined. Let the structure prove itself before committing.