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nagihatoum
Jan 21, 2023 2:52 PM

ICP breakout Long

Internet Computer / United States DollarCoinbase

Description

One of the many coins that will pump, it has a very clean TA. Double bottom. Fakeout below key level, with range re-entry and retest. Breakout of a decending channel will with retest. Measured move of the decending channel's breakout is confluent with range resistance.

a the moment only 9.9 target is high probability, but break into upper ranges will entail further moves up.

Comment

ICP retested range support after breaking into range and bounced. 9.9 remains a high probability target.
Comments
TheCryptagon
Crystal clear charting. See below our opinion on the current market structure:
nagihatoum
@TheCryptagon, Thanks a lot. It is not retacing, sir. Punching right through that weekly MA.
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