Icp has been moving in a falljng wedge for a while! Today it has breakout the downtrend inside the wedge and started moving towards major resistance at 27-28 region. If pass it it should go up to the resistance of the falling wedge around 35-37. Breakout of the falling wedge would open the way to ICP to go to previous highs 40-55 and long term 70-80. If fails to breakout the 28 resistance it may go down to the support of the wedge around 17-18.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.