A Bounce off the 1.618?

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ICP has been a disappointment for many, I would imagine. Including myself...

A lot of social media hype behind this one, but the time may be coming soon for a real rally up.

A nice falling star through the 1:1.618 extension last week and currently fighting resistance from previous consolidation low.

A small chance that we will see lower local lows for this asset, but never impossible. If that were the case, a retracement to the larger time frame 1:1 would be an ideal area; and inside that ratio band is the POC.

With its market Cap currently at 2.7B, this Computing coin could have a nice topping area in the future.

-Not Financial Advice-

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