ilmscore | ICP Upside Reversal Pattern in Progress? Altcoin Analysis

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Prediction
Topic
Status
ICP is predicted to spend more time consolidating in a sideways range, with support between $5.23-$7.28 and resistance between $7.55-$9.30.
"I would not be surprised if we spend some more time in this sideways range here. And that could be between the parameters of our support area between $523 and $728. and our resistance parameters between 755 and 930."
ICP
Pending
If ICP holds above the $5.23 support level, it is predicted to reach another high.
"as long as we're holding the $523 level, we might see another high."
ICP
Pending
Following a bounce, ICP is predicted to encounter resistance between $7.55-$9.30 (with specific levels at $8.05 and $8.81), then experience a C-wave decline, and subsequently begin a fifth wave up, which would complete Wave 1. After Wave 1, a Wave 2 pullback is expected, leading to the start of Wave 3.
"if we have from here a bounce then this would be the first resistance area to watch between 755 and $930. But there are some additional levels like $8 $805 $8.81 and then from there we can get a C-wave decline and then from there we might start a fifth wave up. ... With these five waves, we would have wave one completed and then the wave two pullback would be next and we could see a third wave start from there."
ICP
Pending
If ICP breaks below $5.23, it would indicate that the prior rally was a three-wave top, implying a higher low is only expected after a complete five-wave pattern.
"If it does [break below 523], that's a first indication that we really only topped in three waves and we can really only expect a higher low to hold after we have five waves completed."
ICP
Pending