FieryTrading

🔥 ICP Breaking The Devastating Down Trend

Panjang
BINANCE:ICPUSDT   ICP / TetherUS
One of the major losers of the last year has to be ICP. The Binance ICO was one of the most volatile ICO's in recent history, but in the end it didn't mean anything. Apart from creating huge amounts of bag-holders.

However, over the last two weeks ICP has regained its positions in the spotlights. With the market falling, ICP and a handful of other cryptos are showing massive resilience and are actually gaining value.

Over the last couple of days, ICP has both broken out of the bearish trend and re-tested the bearish trend line to turn it into support. After such a long period of bearish price action, this is quite a bullish signal. Think about SHIBA for example; long down-trend with an explosive move to the upside.

Targets are placed at recent highs and lows.

Happy trading!

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