Around a month ago I made an analysis on ICP where I discussed the triangle pattern on the chart. Back then, ICP was doing great, but I still anticipated it to go down and find resistance.
After a few weeks of trading we got down to the bottom support, and eventually (today) broke through it. The bears got the overhand at the moment.
With a lot of alts currently performing badly and BTC moving down, I don't see ICP going back up in the short-term. Bearish targets in blue.
After a few weeks of trading we got down to the bottom support, and eventually (today) broke through it. The bears got the overhand at the moment.
With a lot of alts currently performing badly and BTC moving down, I don't see ICP going back up in the short-term. Bearish targets in blue.
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