This is my view on ICP from technical perspective :
- The correction from 31 th July - now is not as deep as correction on btc
- Still higher low from 18th June low
- The 31th July high could be an impulse wave (volume confirmed)
- Any further correction below $5.2 would be a good opportunity to have spot position
- Invalidation at below $4.6
Trade active:
ICP is going down as expected before breaking out the resistance. Have a spot position here will be a good risk reward ratio. Target 6.4 - 9.3
(not financial advice)
(not financial advice)