๐ฅ ICP Falling Wedge: Bullish Trend Reversal
A while ago I made an analysis on ICP and the falling wedge it was trading in. Falling wedges are classically bullish reversal patterns, so I think this reversal will last.
With the bullish break out confirmed, I'm betting on a prolonged bullish trend for this token. Doubt that we're going to see >$200 again in the future, but a $50-$100 ICP is definitely a possibility in the long-term.
My previous targets still stand. Might want to scout for potential entries after a minor pull-back which will inevitably happen in the coming days/weeks.
Happy trading!
With the bullish break out confirmed, I'm betting on a prolonged bullish trend for this token. Doubt that we're going to see >$200 again in the future, but a $50-$100 ICP is definitely a possibility in the long-term.
My previous targets still stand. Might want to scout for potential entries after a minor pull-back which will inevitably happen in the coming days/weeks.
Happy trading!
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