ICP Desc. Triangle Breakout + Rectangle, Targets $16.3 and $20
ICPUSDT broke out of its descending triangle and has successfully retested the resistance.The triangle target is $20 🎯
Not the cleanest breakout, and lacking volume. Also, a case could be made for a rectangle pattern with a $14 resistance, so the safe play would be to wait for a daily close above that level.
The rectangle offers a second target: $16.3 🎯
This is also a previous resistance and could offer a good area to secure some profits.
Not Financial Advice
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