ICP: Preparing for Blast Off?
After a massive falling wedge from Sept. 6 - 29, ICP has broken out with local support around $40.
If the current trend line holds, then $50 would be the next local fib target. If the trend line breaks down, this idea is invalidated.
Not financial advice. These are just my ideas and opinions.
If the current trend line holds, then $50 would be the next local fib target. If the trend line breaks down, this idea is invalidated.
Not financial advice. These are just my ideas and opinions.
Note
Local trend line has been broken due to bearish activity. ICP might re-test support around $40 in the near future. Keep an eye on this region.
Disclaimer
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.