๐ฅ ICP Massive Falling Wedge: Bullish Break Out Soon?
ICP has been one of the biggest losers of the past few months. Since it's inception on Binance, this token has practically only been trading down.
However, there might be some kind of relief rally coming to us in the near future. As seen on the chart, ICP is nearing the end of the falling wedge. Falling wedges are classically bullish reversal patterns.
Be aware that this pattern fails once ICP falls through the support. I'd advice to wait for the bullish break out before making an entry.
Targets placed at recent tops.
Happy trading!
However, there might be some kind of relief rally coming to us in the near future. As seen on the chart, ICP is nearing the end of the falling wedge. Falling wedges are classically bullish reversal patterns.
Be aware that this pattern fails once ICP falls through the support. I'd advice to wait for the bullish break out before making an entry.
Targets placed at recent tops.
Happy trading!
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