Bit-Xploid

Bit-Xploid

The Descending Wedge pattern is a technical analysis chart pattern that indicates a potential reversal or continuation in a market trend. It is formed by two converging trendlines where the upper trendline is descending more sharply than the lower one. Here’s what it generally implies: Structure: Upper Trendline: Drawn through the highs of the price...

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Enjoy all icp holders. The biggest rise ever seen in the history of cryptocurrencies is coming (NOT MEME like shiba, doge, etc) The analysis is very simple, but I thought it was good to share the idea. Thank you!

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A double bottom pattern is a classical pattern that indicates a change in trend and a shift in momentum from bearish to bullish. It is composed of two consecutive troughs that bottom out at roughly the same price level. This level acts as a support for the price. The double bottom formation is a bullish reversal pattern that is created after a prolonged downtrend....

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BTC -> ETH -> ICP BTC is only a store of value... it is the one that started blockchain technology, I understand it... But the great leap to the next level in technology will be made by ETH (as the basis of the world economic system) and ICP (as the basis of the new internet age). Remember this... Everything else is distraction, be happy!

Bit-Xploid

What is a Symmetrical Triangle Pattern? In technical analysis, it’s one of the most popular triangle price formations that falls under the category of continuation patterns. However, as the name suggests, it can be traded both ways. The price action needs to move in a series of lower highs and higher lows in order to be able to define a triangle. In terms of...

Bit-Xploid

A double bottom pattern is a classical pattern that indicates a change in trend and a shift in momentum from bearish to bullish. It is composed of two consecutive troughs that bottom out at roughly the same price level. This level acts as a support for the price. The double bottom formation is a bullish reversal pattern that is created after a prolonged downtrend....

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Where simplicity exists is where pattern truly exists. :rocket:

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A falling wedge is a bullish reversal chart formation in a downtrend and a bullish continuation formation in an uptrend with the trendlines converging downward. It usually results in a breakout above the upper resistance line.

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What do you think of this bearish divergence? I see a clear picture ! =)

Bit-Xploid

Silly Accusations of a Rug Pull - Deep Dive into the ICP Token Launch www.youtube.com This analysis aims to bring the whole truth of the launch to light. The complete history of #ICP and its price analysis. The DARK TRUTH About FTX! (Sam Bankman Fried EXPOSED) www.youtube.com

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Take into account the formation, if it were bitcoin this formation would already be all in short. Cheers !

Bit-Xploid

Basically it is a simple analysis of what happened after reaching the top of 20K on the monthly chart in the previous cycle. Summer is coming but will there be more suffering? I hear opinions.. Thx !