This is the 10th trading opportunity of the week. The target is ICP, with a long strategy.
Looking back at history, during the market crash in November last year, ICP hit a historical low of 1.82. Shortly after, on November 8th, it surged to 9.83, but then fell into a prolonged downtrend. A few days ago, the price dropped to a recent bottom of 2.66, but importantly—after hitting the bottom, it immediately rebounded.
From the daily chart, the rebound day closed with a standard bullish candle, and yesterday continued to rise, indicating that ICP has completely emerged from the downtrend and officially entered an upward channel. The technical signals are clear.
The specific parameters for this position: recommended stop-loss set at 2.66 or 2.82 (mark price), account principal balance is 2626, actual opening amount is 2622, using 1x leverage (conservative approach). Once the stop-loss is triggered, the expected loss is around 293. Currently, BTC is also in an upward trend, which is favorable for ICP.
The price has confirmed the bottom, and the rebound momentum is obvious. Entering a long position at this point has a clear logic.
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OnchainGossiper
· 10h ago
ICP rebounded from 2.66 this time, feeling a bit interesting... but 1x leverage seems a bit conservative, not very exciting at all, haha
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HodlAndChill
· 10h ago
2.66 is indeed a solid bottom, a definite rebound signal
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ShamedApeSeller
· 10h ago
Wow, this wave of ICP bottom is quite interesting. I like the 1x leverage conservative approach.
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TokenSleuth
· 10h ago
ICP's bottom signal is indeed clear this time. The rebound from 2.66 has a good rhythm. Using 1x leverage is stable, but it depends on whether BTC can hold steady. Hopefully, there won't be another dump...
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WenMoon42
· 10h ago
ICP's bottom confirmation this time is pretty solid, just worried that the rebound might be a false breakout.
This is the 10th trading opportunity of the week. The target is ICP, with a long strategy.
Looking back at history, during the market crash in November last year, ICP hit a historical low of 1.82. Shortly after, on November 8th, it surged to 9.83, but then fell into a prolonged downtrend. A few days ago, the price dropped to a recent bottom of 2.66, but importantly—after hitting the bottom, it immediately rebounded.
From the daily chart, the rebound day closed with a standard bullish candle, and yesterday continued to rise, indicating that ICP has completely emerged from the downtrend and officially entered an upward channel. The technical signals are clear.
The specific parameters for this position: recommended stop-loss set at 2.66 or 2.82 (mark price), account principal balance is 2626, actual opening amount is 2622, using 1x leverage (conservative approach). Once the stop-loss is triggered, the expected loss is around 293. Currently, BTC is also in an upward trend, which is favorable for ICP.
The price has confirmed the bottom, and the rebound momentum is obvious. Entering a long position at this point has a clear logic.