ICP/USDT – 30M – SELL

The currency pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 2 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 2.41 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Evening Star’ candlestick chart pattern is existing. The candles form ‘Evening Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ heading down is 72% (Bull & Bear Market).

2.41 – 2.397 – 2.463 – 2.332 – 2.339 – 2.337 —
2.302000000 – 2.359000000 —
30.096631102082 – 57.661585108948 —
– —
2.41 – 1770775200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Evening Star – Double top chart pattern – –