On the weekly chart you can see the RSI has held above this line since ICP launched in 2021. For the most part, each time the RSI touched the line we had a price reaction to the upside. There is also the wedge I have been pointing to and the RSI touching the line that could happen at the same time.
Good luck
Good luck
Trade active
Depending on where you move the line, we have hit the bottom of the wedge, Trade closed: target reached
We are at the bottom of the wedge. If we do not hold this we will probably be heading all the way back down to $3.40. If we do hold, we should start working are way back up to top wedge around $12.70
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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.