Internet Computer Chart Analysis Multiple TF (Plan Ahead)

8 ก.ค. 2022

This is the daily chart for ICPUSDT (Internet Computer)...

It goes straight to the point, the signals:

1) Higher low;
2) Strong RSI;
3) Bullish breakout...

Now let's look at the weekly timeframe which is the one I wanted to show you.

We will use the TD Sequential with candlestick reading.
These two do good together since the Japenese used to count the candles as well.

ICPUSDT Weekly Timeframe (main chart)

We have a very strong downtrend/bear market, going on on the left side of the chart.

After March downward momentum builds up.

We end up with a Doji 13-June.

This Doji at the bottom of a trend is a perfect textbook reversal signal.
This is supported by the -9 candle right before it, signaling that the move is already going for too long.

We are likely to see a trend reversal.

For trades, strongly bullish above $4.60.
Secure profits on the way up...

It will get confusing after 2 weeks but this is only a relief rally which will be followed by red; planning is necessary for success.

Namaste.