welcome back guys to crypto for my Channel today I would like to talk about just the local trade for scalpers on for our time frame on ICP token let's jump in on bitcoin basically I got a great news for you because on The Daily time frame like you can see we test our Green Block what I mentioned before we still have this imbalance zone so fulfill will be around 21k and 100 and it will be the under 38th level fee and like you can see we got a momentum up and slowly down we go into correction and the good sign is we're not draw drops so low on the price but we dropped so low on adz so it means the big players already distribute their coins at 21 uh k then redistribute here at 24K and now they once again in accumulation stage we drop it here at 16k and a big player simulate then we get a pump and now we drop a lower than accumulation at 16 in K so it's a bullish sign also on Crypt of flight Direction I got it's it's a daily time frame on crypto fly Direction I also got a great signal for you because here we got a distribution here all time period here and till at 23 and 300 and then we got a signal to sell exactly at let me check here at 23k around 23k and now like you can see we're going down under the middle line and if we go in the range sometimes period here maybe with a weak cattle we can drop even low once again and when we drop low you can see here we get a signal to buy in January again so it will be the bullish signal so we not drop solo on the price so we're not a crash like this one like everybody waiting now the crash down so it's it's a bullish signal more bullish than bearish and also we still uh didn't see the over bought a Zone on a weekly time frame so we was here in accommodation stage science August here the pump in January and yes we we might continue move to our Target of course depends of news but most likely yes we will see we will see because I don't wanna I don't want to gamble with the price now uh all altcoins what I bought in this range I'm still holding so I'm not selling it I'm not caught my losses so I just wait passionately wait uh my target by maybe March April May sell in May and go away like I told you here I'm waiting the price test this uh uptrend line and breaking out the middle line of a global Channel you know and then correction down once again so for Bitcoin plan is still relevant for ICP token uh basically also good news but here I Market we got this Gap where we can test it and honestly it would be good if we retest it we already retest and get reaction at 0.5 Heap so this fee relevant one reaction second reaction and if we zoom in you can find out we get a gap here this Gap is between a 4.82 and 4.69 so it's also 0.61 Low by fee so if if we drop under this 0.61 little by peep in this area I might be open a long position of course with stop loss the stop loss can be lower than the previous High here where we grab the liquidity so it's around five four dollar fifty eight so it will be the good trade if we will see this move you know so basically would be good to see today the move like this one to four 5.42 and then drop it down like this one trade some time period here and balance and continue the route so it will be the healthy perfect correction because also on the adz we just came in start came in into accumulation stage last time we sold the accumulation stage here in December so in December we was at the bottom here at the bottom of this range you know so it would be good to see the drop like this one lower than this low accumulation about higher in the price so it will be the really really bullish signal if we take a look on a weekly time frame uh yes we are we're still at the bottom we're still about bottom we we just going out of seller Zone first time first time we just broke this starter Zone in January so we got a lot of room for growth up that's why yes basically on a wiggle time frame we got this fulfilled higher so we can retest even if for Bitcoin crash we can retest even 0.78 level but 4.29 to close the full field but uh I'm not sure if we'll see this now you know maybe maybe later maybe later but I hope not I hope not and uh basically would be good to see the chest only 61 Low by feep uh with the continuation so the next week will be really crucial for the crypto at all so basically basically I'm still bullish I'm still bullish for uh crypto and I'm not waiting uh 10K or a lower low so this is a potential trade for ICP where you can trying to trade and also I showed you the trade for Bitcoin guys if you like this video share this video with your friend and if you want to trade with my custom indicator set six in one only for one dollar per day just write medium subscribe Channel hit the like button hit the Bell notification button don't forget you're on my telegram Channel see you next time guys
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