On w1 we can see that the coin is still weaker than the cryptocurrency market and is currently showing the prerequisites in which the price can start a rally to catch up with the missed potential. A breakdown of MA-50 W1 and consolidation above forms a bullish leverage that allows for a successful upper channel boundary.
On the daily timeframe, price breaks the 6.00 level. In the future, I will wait for price consolidation above this level to open positions with the aim of further price growth and achieving the targets indicated on the chart.
Support levels: 6.050, 4.988
Resistance levels: 6.788, 7.100, 7.809
I expect the ICPUSDT coin to continue growing after the price fixes above the previously broken level.
Regards, R. Linda!
Trade stängt: målet nått:
target 1 reached!
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