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PhilosophersStone

ICP descending triangle

ICP / TetherUS (BINANCE:ICPUSDT)  
PhilosophersStone Updated   
BINANCE:ICPUSDT   ICP / TetherUS
Chart Patterns Support and Resistance Triangle ICP Descending Triangle breakout retest trade Relative Strength Index (RSI)
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chartpattern supportandresistance triangle icp descendingtriangle breakout retest trade relativestrengthindex
Looks like ICP broke out from 3 weeks long descending triangle, now between triangle resistance line and resistance level that was rejected from multiple times... Broken from RSI descending trendline, but MACD looks like PA could do some more correction. So it might not push up in immediate short term... Set alarms for this one
Comment:
snapshot
Bearish divergence on RSI, volume falling. Good chance for going down, In the best case, we could see a retest of one of breakout levels, and that could be a good entry also, wait for confirmation of retest, volume rising, MACD...
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