Recently we posted trading idea where we explained that ICP has been in the range since summer 2022:
In this publication we would like to present another reason why ICP is bullish. What we can see on the chart is a potential inverted head and shoulders pattern which is mega bullish. The right shoulder is in a development phase . Once it's done, and we get a breakout we should see a masive move.
Technical target from this pattern would be around 12,70$. You can also take profit at 9,78$ which is the top of the range and final target from our previous idea.
Overall ICP looks bullish and it should rise in the next days and weeks.