We have seen ICP move to the upside but with BTC dominance going up, ICP vs BTC has been absolutely taken a hit. if you take a look at the ICP/BTC dominance its dropped off trend. depending on how BTC performs in the upcoming week, we could see most alt still struggle to gain any momentum. i drew a couple outcomes that could possibly happen, this ofc depends on...
With BTC Price and dominance rising since last week. Most alt have been bleeding. ICP took the hardest hit but imo BTC is due for a correction and with ICP already falling nearly 30% ICP will hold up very well if BTC has a correction to the downside. Trend exhaustion. its heavily oversold.
these harmonic patterns are bearish but still needs to hit the target to...
update to my previous post on BTC More patterns have formed after recent pump to the upside. a few have been invalidated already after BTC broke 52k .
The bullish Gartley is still in play but also there are a few bearish patterns forming. i will update as needed after more candles form.
