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 become bearish. the D legs of these patterns have a possiblity of taking ICP near or past last highs before moving to the downside. NFA. Use caution with these small cap ALTS.
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ICP Put in a double bottom and trending upwards. there might be one more shakeout to the $40 range before breaking a new higher high. im expecting it to find resistance at the $60 range before moving down for another shakeout or a slow move down and before the big move to the upside.
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