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DrDovetail

ICP can head to $11.11 by maintaining support above pink channel

Internet Computer (COINBASE:ICPUSD)  
DrDovetail Updated   
COINBASE:ICPUSD   Internet Computer
Trend Analysis Chart Patterns ICP internetcomputer ICPUSD Parallel Channel bullishbreakout
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trendanalysis chartpattern icp internetcomputer icpusd parallelchannel bullishbreakout
We can see its noticeably above the pink channel here. If it can maintain solidified support on the top trendline of the pink channel it should validate the breakout and it’s target will be $11.11 …currently we can see the other channel seen here is brown is still resistance at the moment but on the way to the target from the pink channel breakout we will need to also break above the brown channel and flip it to solid support too. Once we do, its breakout target is a little bit higher than the pink ones target so as we head to hit the pink channel breakout target, will likely also hit the slightly higher target of the brown channel breakout as well. *not financial advice*
Comment:
Confidently above the brown channel now too and well on the way to the targets.
Comment:
Target 1 hit! Target 2 very close now doing a corrective wick.
Comment:
Both targets hit and then some. ICP looks like it may try to test the yellow horizontal.
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