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marshyyy
Mar 27, 2022 4:00 PM

ICP Massive falling wedge Long

ICP / TetherUSBinance

Description

ICP has formed a massive falling wedge on the HTF with lots of bullish divergence building up since August on 3D chart. Price completed a 5 wave corrective series with smaller sell side pressure in each wave.

A new higher high has just been formed the daily with nice buy side candle on the weekly chart when the candle closes tonight. Signs of a reversal are forming and think its a good DCA buy here.

Would like to see a HL be formed and take out the first level of supply for a continuation to the upside
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