From November 2022 through early January 2023, the Internet Computer traded within the "bearish zone".
After 12-January 2023 ICPUSDT entered the "bullish zone" and has remained there ever since.
As long as ICPUSDT stays on this zone, the probabilities are high for prices to continue with growth.
We can see some peaks and wild swings, on the bigger picture this can be considered noise.
Instead of noise let's call it consolidation which should be followed by a higher high as long as support holds.
Getting a bit more technical:
✔️ Any and all trading above the 0.786 Fib. retracement level relative to the early 2023 bullish wave is 100% bullish, that is above $4.41.
✔️ Going below this level can signal weakness but the bullish bias remains strong.
Namaste.
After 12-January 2023 ICPUSDT entered the "bullish zone" and has remained there ever since.
As long as ICPUSDT stays on this zone, the probabilities are high for prices to continue with growth.
We can see some peaks and wild swings, on the bigger picture this can be considered noise.
Instead of noise let's call it consolidation which should be followed by a higher high as long as support holds.
Getting a bit more technical:
✔️ Any and all trading above the 0.786 Fib. retracement level relative to the early 2023 bullish wave is 100% bullish, that is above $4.41.
✔️ Going below this level can signal weakness but the bullish bias remains strong.
Namaste.
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🚨 Get the FULL (6-in-1) PREMIUM PACKAGE
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More 👉 t.me/masteranandatrades/6681
lamatrades.com —Since 2017
🚨 TOP Results: ZEC +2736% · ETH +2150%, CRO +1272%, AAVE +1134%, DOGS +868%, SOL +861%, XRP +749%, BTC +580%
More 👉 t.me/masteranandatrades/6681
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
