The pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 2.41 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 2 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
Furthermore a ‘Three Outside Up’ chart pattern is detected. The candles form ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.494 |
| 2nd High | 2.463 |
| Next High | 2.41 |
| Current Price | 2.367000000 |
| Next Low | 2 |
| 2nd Low | |
| 3rd Low |
2.41 – 2.397 – 2.463 – 2.332 – 2.339 – 2.337 —
2.306000000 – 2.327000000 —
25.406263217316 – 45.06992269782 —
– —
2.41 – 1770775200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –