ICP has been in continuous downtrend since its listing, after a long time, it has started making falling wedge pattern on 4 hour timeframe, this can act as the push needed for ICP to break the forever lasting downtrend. In case the upper trend line resistance is not broken, the safe target would be around 45-46 if this falling wedge is executed.
Note
ICP has broken downward so the conditions of taking this trade have been invalidated.Order cancelled
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.