parissap

ICP falling wedge

BINANCE:ICPBTC   ICP / Bitcoin
#ICPBTC
#ICP in BTC pair shows a falling wedge pattern, the only support I can see is the lower line of wedge, also RSI candles are forming this falling wedge, and the hope is that this indicator is in over sold zone. another hope for bulls is that green candle, that its close is above the open of previous candle. a break above upper line of falling wedge will move price upward toward the second resistance zone which is around 60% to 80% increase from here.

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.