ICP - Broke The Trendline
Hi, this is my new update for ICP. After 51 days we finally broke this beautiful trendline and today we are testing it to see if it was a fakeout or 100% breakout.
We have big resistances around 15.00-15.80$ and at the same time we have also 50&100 SMA (green and blue line). Right now we have broken the trendline on both the chart and RSI. We are also testing the support level 12.30-12.50$ as long as we hold this support level I expect we are going to break the resistance 15-15.80$ in the next run.
- My main target for the next couple of months is around 37-40$.
- In the short-term (next couple of weeks) I expect we are going to test the resistance 20-23$.
As long as the support level 10.50-11.70$ holds everything is fine, but if break it down then things will get ugly.
We have big resistances around 15.00-15.80$ and at the same time we have also 50&100 SMA (green and blue line). Right now we have broken the trendline on both the chart and RSI. We are also testing the support level 12.30-12.50$ as long as we hold this support level I expect we are going to break the resistance 15-15.80$ in the next run.
- My main target for the next couple of months is around 37-40$.
- In the short-term (next couple of weeks) I expect we are going to test the resistance 20-23$.
As long as the support level 10.50-11.70$ holds everything is fine, but if break it down then things will get ugly.
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