The Rounding Bottom is just one piece of the puzzle. See the full technical breakdown.
Gradual reversal from bearish to bullish.
Reversal pattern. Price likely to break upwards.
Reversal pattern after a downtrend.
ICP is showing interesting structural developments at $2.29. With a last close of $2.29, volatility remains active (1.72%). Our AI has detected a valid Double Bottom pattern. Volume is average (0.81x avg) with moderate trend strength (32.9). A potential breakout level is identified at $2.87, targeting $3.58 with support near $2.51 (R:R 2.0).
What is your outlook on ICP?