Altsignals

ICP - BREAKOUT ✅

BINANCE:ICPUSDT   ICP / TetherUS
After the double bottom reversal, we are looking for any opportunity to buy ICP . We can see that we recently broke out of a descending wedge .

Watch for bullish pressure on the retest of the wedge .

If we don't turn bullish from here, watch for a bounce off the $54 structure. We will remain bullish until we break the ascending trendline.
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Comments

There isnt enough ICP burn yet in my opinion to warrant a true long term increase in price. Only if more is burned than is created can the price go up outside of speculation.

Could be totally wrong, iv been watching the price for a while and learning to understand the tech. Its not a simple calculation this one
+1 Reply