Potential for a reverse head and shoulders? Left shoulder and head are very clearly formed. Looking for a right shoulder and break above the neckline to validate bullish reversal pattern.
The top 50 coins are doing pretty well lately and ICP is no exception.
ICP may retest $10 as momentum indicators appear to show momentum is only just now starting to wain in the uptrend
We will need to keep an eye on the bearish divergences showing up as it loses the steam on the uptrend, but $10 looks like the next target if the market on the whole remains...
ICP has been one of the worst performing assets in the market. However, it has very strong fundamentals with a ecosystem that is growing at breakneck speeds.
With all of the mistrust surrounding ICP in the markets, I think ICP in the short term is likely to visit ~$22, but NEEDS to range sideways for a considerable time gain buyer confidence again and make...
Overall I am very bullish on ETH/USD. However I do see a possibility for a 2800k support retest here before move it makes new highs.
Long term I can see ETH/USD testing the upper boundary of the ascending channel at some point in the not too distant future.
Trade wisely.
