ICP/USDT – 30M – BUY

The currency pair Internet Computer/Tether (ICP/USDT) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance at 2.417 will continue.

Caution: A possible reversal of the trend in the direction of support at 2.282 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.417 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2.417 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘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).

2.381 – 2.417 – 2.41 – 2.282 – 2.283 – 2.332 —
2.359000000 – 2.411000000 —
50.784318421161 – 63.710973910157 —
– —
2.381 – 1770843600

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – Double bottom chart pattern – –