ICP Bearish Wedge
Pretty simple chart on ICP. I had previously charted a clear head and shoulders, which was met to more or less the expected target.
ICP has now formed the bearish symmetrical wedge identified in green on the chart.
Statistically a bearish pattern, but no pattern is 100%.
Breakdown of this pattern's price target would be around $3.5, a measured move of the height of the wedge.
ICP has now formed the bearish symmetrical wedge identified in green on the chart.
Statistically a bearish pattern, but no pattern is 100%.
Breakdown of this pattern's price target would be around $3.5, a measured move of the height of the wedge.
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