$ICP is up 2 percent. Ask yourself who is selling to you right now
Most traders see a green candle and assume momentum is real
Right now $ICP sits at 2.3970 dollars which is 66 percent of the daily range
Volume is flat at 1.0 times the weekly average so nobody new is showing up
Someone sitting on cheaper entries from the swing low of 2.2970 dollars is unloading
When you buy a mid range green candle you are just exit liquidity for patient limit orders
Wait for tests of extremes instead of chasing the middle of a range
What is your exact trigger to avoid buying the middle
#ICP #TradingTips
Most traders see a green candle and assume momentum is real
Right now $ICP sits at 2.3970 dollars which is 66 percent of the daily range
Volume is flat at 1.0 times the weekly average so nobody new is showing up
Someone sitting on cheaper entries from the swing low of 2.2970 dollars is unloading
When you buy a mid range green candle you are just exit liquidity for patient limit orders
Wait for tests of extremes instead of chasing the middle of a range
What is your exact trigger to avoid buying the middle
#ICP #TradingTips