$ICNT SHORT
RSI14 on 1m ≈28.13, 1h ≈38.18; the extreme zones don't align.
It's more interesting here to look at the conditions that would invalidate the idea.
🏁Entry: 0.2621
💰Target 1: 0.25404362 (+3.07%)
💰Target 2: 0.24288725 (+7.33%)
💰Target 3: 0.22615268 (+13.72%)
🛡Protection: 0.28193456 (-7.57%)
The indicator provides context. A separate basis is needed to conclude that the trend has changed. If the entry conditions change, the distance to protection will be different.
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#ICNT #MarketAnalysis
RSI14 on 1m ≈28.13, 1h ≈38.18; the extreme zones don't align.
It's more interesting here to look at the conditions that would invalidate the idea.
🏁Entry: 0.2621
💰Target 1: 0.25404362 (+3.07%)
💰Target 2: 0.24288725 (+7.33%)
💰Target 3: 0.22615268 (+13.72%)
🛡Protection: 0.28193456 (-7.57%)
The indicator provides context. A separate basis is needed to conclude that the trend has changed. If the entry conditions change, the distance to protection will be different.
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#ICNT #MarketAnalysis
