ICP/USDT – 1H – BUY

The combination Internet Computer/Tether (ICP/USDT) goes from the descending trendline upwards

A bullish ascent up to the next resistance level at 2.506 is likely expected.

Caution: A possible change in the direction of the support zone at 2.282 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K crosses above 0.2’ indicator layout is detected. The indicator is ‘StochRSI %K crosses above 0.2’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Bullish Engulfing’ candle pattern is discovered. The candles form ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

2.417 – 2.41 – 2.506 – 2.282 – 2.332 – 2.337 —
2.468000000 – 2.400000000 —
68.099468641346 – 40.074078124931 —
– —
2.417 – 1770818400

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Engulfing – – –