TheSignalyst

ICP - Potential Bullish Reversal!

Long
Hello everyone, if you like the idea, do not forget to support with a like and follow.

ICP broke our brown falling wedge pattern upward, but before we buy, we want the bulls to prove that they are strong enough to take over.

on DAILY: ICP is forming an inverse head and shoulders pattern but it is not ready to go yet (still an idea)

Trigger => Waiting for the right shoulder to form and then buy after a momentum candle close above the gray neckline.

Meanwhile, until the buy is activated, ICP would be overall bearish can still trade lower.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

This analysis is done using RichTL
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