With BTC Price and dominance rising since last week. Most alt have been bleeding. ICP took the hardest hit but imo BTC is due for a correction and with ICP already falling nearly 30% ICP will hold up very well if BTC has a correction to the downside. Trend exhaustion. its heavily oversold.
these harmonic patterns are bearish but still needs to hit the target to become bearish. the D legs of these patterns have a possiblity of taking ICP near or past last highs before moving to the downside. NFA.
Use caution with these small cap ALTS.
these harmonic patterns are bearish but still needs to hit the target to become bearish. the D legs of these patterns have a possiblity of taking ICP near or past last highs before moving to the downside. NFA.
Use caution with these small cap ALTS.
Comment:
ICP Put in a double bottom and trending upwards. there might be one more shakeout to the $40 range before breaking a new higher high. im expecting it to find resistance at the $60 range before moving down for another shakeout or a slow move down and before the big move to the upside.
