Each consecutive fib line acts first as resistance and then as support as we move along.
Bottom is set at 39.7
Next ICP will try to break 0.25 fib resistance line.
It will be a steep climb but when and if it breaks 0.75 key resistance it can reach 140 150 price targets.
Bottom is set at 39.7
Next ICP will try to break 0.25 fib resistance line.
It will be a steep climb but when and if it breaks 0.75 key resistance it can reach 140 150 price targets.
Trade closed: stop reached
Order cancelled: I wanted to update this idea to say this:1. I have a rule to not fall in love in an asset or get too attached to your trade.
2. Current market conditions look bad and we probably going to see the unfolding of what many have warned about.
3. Can ICP survive the fall of BTC? I think not. Not at the current price of >46
Note
We have been hitting the 0.382 fib as resistance several times without success.If we break it this time we need to establish support around that 28.4 line. If manage to do it next target is 39 resistance.
Note
We been bouncing off of that 55 MA. Need to break it and establish support on the 35-36 price range. From there 39-40 goal could be reached 
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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.