$ICNT Short: price poked above the old high and rolled over, target 0.277
Short setup
Sell: 0.3
Stop level: 0.3115
TP: 0.277
ICNT pumped 46% from 0.2079 in 25 hours, and the move started to run out of steam. That break of 0.295 was small (3.0%), a quick poke and a sell-off from 0.3038. Looks like a failed breakout to me. In at 0.3, out at 0.3115 if I'm wrong, 0.277 if the inducement gets taken. That works out to 1:2. The stop stays where it is, I won't be moving it.
Not financial advice.
#ICNT #CryptoSignals #CryptoTrading
Short setup
Sell: 0.3
Stop level: 0.3115
TP: 0.277
ICNT pumped 46% from 0.2079 in 25 hours, and the move started to run out of steam. That break of 0.295 was small (3.0%), a quick poke and a sell-off from 0.3038. Looks like a failed breakout to me. In at 0.3, out at 0.3115 if I'm wrong, 0.277 if the inducement gets taken. That works out to 1:2. The stop stays where it is, I won't be moving it.
Not financial advice.
#ICNT #CryptoSignals #CryptoTrading
