icpusdt is down over 90%
There is a beautiful falling wedge, with multiple divergences on many time frames.
IF this plays out by textbook, we could see a possible reversal.
Usually falling wedges break to the upside.
Nothing is certain, but given the 90+% drop, the divergences and the beautiful pattern, it's very likely we are bottoming around these levels.
It's just for educational purpose as usual.
There is a beautiful falling wedge, with multiple divergences on many time frames.
IF this plays out by textbook, we could see a possible reversal.
Usually falling wedges break to the upside.
Nothing is certain, but given the 90+% drop, the divergences and the beautiful pattern, it's very likely we are bottoming around these levels.
It's just for educational purpose as usual.
Trade closed: stop reached:
Bearish breakout