#CryptoTrading. #technicalanalyst #Signal🚥. 📊 Technical analysis
$ICP /USDT — 15min/1h timeframe
Current price ≈ 4.125 USDT
+2.69% recently, strong bounce and recovery after deep correction, now pushing toward upper BB with bullish candles and increasing volume.
Price action & Bollinger Bands (15m/1h):
Price approaching upper BB (~4.162), strong rebound from lower levels ~3.933.
Middle BB ~4.033 acting as solid dynamic support during the bounce.
Lower BB ~3.905 — previous support zone, bands expanding again on upside momentum.
Volumes:
Current vol ~838K — solid increase on green candles.
MA(5) ~1.84M, MA(10) ~1.29M — volume picking up significantly on the recovery, supports bullish continuation.
Key indicators:
• MACD — DIF 0.020, DEA -0.001, MACD 0.021, positive histogram expanding — bullish crossover confirmed, momentum accelerating upward.
• RSI (6/12/24) ≈ 59.3 / 57.8 / 53.3 — neutral to bullish, plenty of room left before overbought (no exhaustion yet).
Clear reversal structure after deep oversold dump. Strong bounce from lower BB + MACD bullish flip + volume increase = short-term bullish bias strengthening.
🟢 Long (moderate risk — continuation play)
Entry: 4.08–4.13 (current or small dip to middle BB ~4.033)
TP1: 4.20–4.25
TP2: 4.30–4.35+
SL: 4.00–4.02 (below middle BB)
R/R: ~1:3+
Comment: Strong setup if holds above middle BB ~4.03 with volume support. High probability of continuation while MACD bullish and price stays above 4.10.
🔴 Short (high risk — fade only on rejection)
Entry: 4.20–4.25 (retest upper BB or near previous resistance)
TP1: 4.10–4.05
TP2: 3.95–3.90
SL: 4.30+
R/R: ~1:3
Comment: Very risky in recovering trend. Needs sharp rejection + volume fade + MACD slowdown. Counter-trend play.
⚠️ Most likely scenario now
Continuation higher to 4.20–4.35+ if volume remains supportive and price holds firmly above middle BB ~4.03.
Moderate probability of small pullback/consolidation 4.05–4.10 before next leg (healthy after strong bounce).