ICP ran three pushes up in an ascending wedge reaching $16.33, followed by a pullback with three pushes down and a strong bull signal. Is it time to long?
How do we trade this? 🤔
A long entry could be justified here. Here's what we have in favor of the long bias; Three pushes up in a bull channel ending at $16.33, followed by three pushes down in a micro-bear...
ICP gave us another push up after we broke the Support Zone and established support. Now we see ICP coming down to test the Push #2 high of $11.80. The price is consolidating to the upside in an ascending wedge pattern, should we short?
How do we trade this? 🤔
It is not time to short because we're still in the ascending wedge pattern and have not failed to make...
ICP executed a beautiful measured move in three legs; a breakout from the first to the second leg with an ascending triangle(per my last analysis), broke resistance, and landed on the measured move target. We're now witnessing a pullback but is that where the drop will end?
How do we trade this? 🤔
We need to wait and see what happens to the price after it...
ICP is mirroring Bitcoin and Ethereum in their difficulty to break their Weekly resistance zones. This is the 4th attempt since November 12th that the price tried to clear and hold above $4.80, will it hold this time?
How do we trade this?
ICP is in a bull channel, which means our bias should be toward the upside. That does not mean it's the *only* data point...
The last weeks of trading on the cryptocurrency market give us all intrigue and uncertainty. The price of bitcoin stopped at the critical range of $48,000-50,000 and market participants calmed down. Over the past 4 weeks of trading, volumes have steadily decreased weekly from $38 billion per day to $27 billion.
The fall in daily trading volumes of...
as you have seen in my previous charts of icp prediction is was accurate to Support & Resistance. Now the support is $33 and Resistance is $37. For such more info. do follow.
