The Crypto Jack
--
Bullish
ICP
ICP has spent 240 weekly bars (almost 5 years) building a massive base. This kind of long compression usually precedes an explosive expansion. Weak hands are gone.
Price respected a strong macro demand zone at the lows and a range high resistance thatโs now being challenged. The recent bounce shows buyers are fully in control.
Capitulation wick = final bottom: That deep downside wick below support looks like a classic bear trap & smart money absorption. After such moves, price historically never revisits those lows.
Higher lows are forming on the weekly, momentum is shifting, and structure is flipping bullish. This is exactly how long-term bottoms look before a vertical leg.
After years of sideways-to-down action, ICP is entering a markup phase. Once range highs are cleanly broken, price discovery begins no resistance overhead.
The height of this accumulation range implies a multi-X upside. The white projection on the chart isnโt hopium itโs how markets behave after long suppressions.
This is not a random pump. This is a multi year base โ breakout setup. ICP looks like it has already printed its generational bottom. Patience here historically gets rewarded violently to the upside.
Bottom is in. Expansion next. ๐
#USNonFarmPayrollReport #USJobsData #WriteToEarnUpgrade #CPIWatch #BTCVSGOLD
$BTC $ETH $BNB
ICP has spent 240 weekly bars (almost 5 years) building a massive base. This kind of long compression usually precedes an explosive expansion. Weak hands are gone.
Price respected a strong macro demand zone at the lows and a range high resistance thatโs now being challenged. The recent bounce shows buyers are fully in control.
Capitulation wick = final bottom: That deep downside wick below support looks like a classic bear trap & smart money absorption. After such moves, price historically never revisits those lows.
Higher lows are forming on the weekly, momentum is shifting, and structure is flipping bullish. This is exactly how long-term bottoms look before a vertical leg.
After years of sideways-to-down action, ICP is entering a markup phase. Once range highs are cleanly broken, price discovery begins no resistance overhead.
The height of this accumulation range implies a multi-X upside. The white projection on the chart isnโt hopium itโs how markets behave after long suppressions.
This is not a random pump. This is a multi year base โ breakout setup. ICP looks like it has already printed its generational bottom. Patience here historically gets rewarded violently to the upside.
Bottom is in. Expansion next. ๐
#USNonFarmPayrollReport #USJobsData #WriteToEarnUpgrade #CPIWatch #BTCVSGOLD
$BTC $ETH $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
