💰#ICP/USDT — BUYERS ARE BACK, BUT A REVERSAL ISN’T CONFIRMED YET!
ICP recovered from $2.535 and is now trading around $2.575. But does this mean the start of a new upward impulse?
Let’s not jump to conclusions.
HTF CONTEXT
D1 maintains a corrective-bearish context after dropping from $3.607.
H4 shows a recovery from $2.252, but the price has yet to break through the key BSL.
INTRADAY LEVELS
🔹 BSL: $2.590–2.600
🔹 Upper liquidity: $2.618–2.635
🔹 SSL: $2.552
🔹 Main support: $2.535
PLAN A — LONG
I’m watching for a return to the POI at $2.552–2.535.
Conditions: Liquidity Sweep → Bullish MSS → Displacement → FVG/IFVG Retest on M5.
Targets: $2.590 → $2.618 → $2.635.
PLAN B — SHORT
If the market sweeps the BSL in the $2.590–2.635 range and forms a Bearish MSS on M5, we’ll consider a SHORT.
Targets: $2.552 → $2.535 → $2.486.
ENTRY / SL / RR: not defined yet. The POI is an area to watch, not a signal to open a position.
INVALIDATION
A break below $2.535 confirmed by bearish structure invalidates the local LONG scenario. A decisive close above $2.635 weakens the SHORT scenario.
MY VERDICT: WAIT.
The market must first show which liquidity it intends to sweep. We trade confirmed Delivery, not assumptions.
Which scenario do you think is more likely — LONG from Discount or SHORT after a BSL sweep?
#ICP #CryptoTrading #BinanceSquare #TradingPlan
$ICP
ICP recovered from $2.535 and is now trading around $2.575. But does this mean the start of a new upward impulse?
Let’s not jump to conclusions.
HTF CONTEXT
D1 maintains a corrective-bearish context after dropping from $3.607.
H4 shows a recovery from $2.252, but the price has yet to break through the key BSL.
INTRADAY LEVELS
🔹 BSL: $2.590–2.600
🔹 Upper liquidity: $2.618–2.635
🔹 SSL: $2.552
🔹 Main support: $2.535
PLAN A — LONG
I’m watching for a return to the POI at $2.552–2.535.
Conditions: Liquidity Sweep → Bullish MSS → Displacement → FVG/IFVG Retest on M5.
Targets: $2.590 → $2.618 → $2.635.
PLAN B — SHORT
If the market sweeps the BSL in the $2.590–2.635 range and forms a Bearish MSS on M5, we’ll consider a SHORT.
Targets: $2.552 → $2.535 → $2.486.
ENTRY / SL / RR: not defined yet. The POI is an area to watch, not a signal to open a position.
INVALIDATION
A break below $2.535 confirmed by bearish structure invalidates the local LONG scenario. A decisive close above $2.635 weakens the SHORT scenario.
MY VERDICT: WAIT.
The market must first show which liquidity it intends to sweep. We trade confirmed Delivery, not assumptions.
Which scenario do you think is more likely — LONG from Discount or SHORT after a BSL sweep?
#ICP #CryptoTrading #BinanceSquare #TradingPlan
$ICP
