🚀ICP Breakout Alert: Get Ready for the Surge 🌟
💎 Paradisers, #ICP has broken out of a descending channel and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move.
💎 The candle has closed above the resistance level, but I am expecting a slight retracement to trap buyers. We can then anticipate a bullish movement from the Fair Value Gap (FVG) zone. Be cautious here and look for bullish signs.
💎 Price may also retrace from here and find support at the bullish Order Block (OB) level, after which we can expect a bounce. So, design your strategy for #ICPUSDT accordingly.
💎 However, if the price shows a fall or panic selling and breaks down below the bullish OB and the right shoulder of the inverse head and shoulders pattern, it will invalidate the bullish signs. In this case, it would be better to avoid it and wait for more favorable price action to develop.
💎 The candle has closed above the resistance level, but I am expecting a slight retracement to trap buyers. We can then anticipate a bullish movement from the Fair Value Gap (FVG) zone. Be cautious here and look for bullish signs.
💎 Price may also retrace from here and find support at the bullish Order Block (OB) level, after which we can expect a bounce. So, design your strategy for #ICPUSDT accordingly.
💎 However, if the price shows a fall or panic selling and breaks down below the bullish OB and the right shoulder of the inverse head and shoulders pattern, it will invalidate the bullish signs. In this case, it would be better to avoid it and wait for more favorable price action to develop.
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