A detailed technical analysis of ICP reveals a bearish market sentiment. The moving averages and technical indicators indicate a strong sell signal, with no buy indicators in sight.
The RSI, STOCH, and MACD indicators all suggest a bearish trend, with values indicating a sell zone. The ATR value indicates lower volatility in the market.
ICP could be gearing up to hit around a $11.5 billion market cap - which would be my 1st target on a long position. This is taken from the bottom of the trend line of the initial trend, which started it's push from the double bottom @ $3.8 bil MC. If there are a couple of decisive closings above $11.5 billion within the next few days, it wouldn't be impossible if...
