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ICP: Preparing for Blast Off?

Long
Internet Computer (COINBASE:ICPUSD)  
LA_Designer Updated   
COINBASE:ICPUSD   Internet Computer
Trend Analysis ICPUSD
6
2
trendanalysis icpusd
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.
Comment:
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.
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