Internet Computer / Tether
Long
Updated

ICP inverted head and shoulders pattern

1 417
ICP looks mega bullish.

Recently we posted trading idea where we explained that ICP has been in the range since summer 2022:
ICP buy low - sell high - range trading


In this publication we would like to present another reason why ICP is bullish.
What we can see on the chart is a potential inverted head and shoulders pattern which is mega bullish.
The right shoulder is in a development phase . Once it's done, and we get a breakout we should see a masive move.

Technical target from this pattern would be around 12,70$.
You can also take profit at 9,78$ which is the top of the range and final target from our previous idea.

Overall ICP looks bullish and it should rise in the next days and weeks.

We are buying ICP. What about you?

kind regards
Note
Very bullish price action today. Looks good
Trade active
ICP pumping. well done

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.