sell
Short Position on ICP with Minor Profit Target
The position taken is short on #ICPUSDT, with a current entry at $5.981, and a take profit target set for a 0.218% profit. The trading volume delta indicates a tendency towards short positions.
Source available for registered users Sign Up Free
AI Analysis
The decision to short #ICPUSDT at $5.981 suggests a bearish view in the short term. The use of Vol Delta indicating a preference for short positions reinforces this bearish sentiment. The take profit ...
AI Recommendation
For traders considering this approach, it is advisable to manage risk carefully, given the volatility associated with cryptocurrencies like ICP. The position's small profit target suggests a quick ent...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
You might also be interested in:
partial buy
strong sell