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Pearl-A
Aug 12, 2021 5:19 AM

ICP CRITICAL ZONE - $59 OR $89 

ICP / TetherUSBinance

Description

Icp has been following a rising channel trajectory since it broke out from the descending channel at $37. The current position of icp is a critical one, a breakdown will validate $59 while a breakout from the dynamic resistance will validate an uptrend to $89. Wait for confirmaion of the possible scenarios before taking position. If btc breaks down from the ascending triangle then icp will fall to the specified zone.
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Price broke down from the rising channel... What's next? Wait for confirmation👍🏾

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ICP is up with a double bottom. To the moon🌙

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Bitcoin is taking icp down, if btc drops the price target will be impossible for icp for the time being.

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Icp is now in a bull state, pullback occured and is the time for a reversal.
Comments
AdamBucks
Is better to sell?
KohanAlireza
the trendline breaked? i see pullback
Pearl-A
@KohanAlireza price broke down from the rising channel but still in line with the current pattern formation(i.e descending channel) of the downtrend. A reversal is still probable for ICP.
Gabriel10_10
I believe it’s gonna Break $59
Pearl-A
@Gabriel10_10 maybe, let's see.
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