ICP impulse, and a potential Great Short!
ICPUSDTICPUSDICPUSDTInternet Computer (whatever that means) ICP had a massive move, 32%, on a tiny 3.4mil in Volume (not $, just tokens). This was a parabolic move, shorting ICP is high risk, as general stats are yet to show weakness.
General Stats:
Daily RSI: 63.35
Daily Volume % change: 150.20%
Setting up a Short trade, I'll see how it reacts to a recent Golden Pocket, 7.90 - 7.80
- Price must break below the GP
- Price retests GP and gets rejected
Short Entry around: 7.8
Short Target #1: 7.40
Short Target #2: 6.70
Short Target #3: 6.27
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