Moreover a ‘Double bottom retreat down’ chart pattern is discovered. The chart shows ‘Double bottom retreat down’. which is a bearish chart scenario. The currency pair is likely to fall.
The currency pair Internet Computer/Tether (ICP/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 2.378 is expected.
Caution: A possible change in the direction of the resistance line at 2.474 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘StochOSC Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochOSC Bearish Divergence’. Dieses ist oftmals ein bearisches signal. Das Paar tendiert eventuell nach unten.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.
Moreover a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.506 |
| 2nd High | 2.494 |
| Next High | 2.474 |
| Current Price | 2.433000000 |
| Next Low | 2.378 |
| 2nd Low | 2.283 |
| 3rd Low | 2.281 |
2.445 – 2.474 – 2.381 – 2.378 – 2.283 – 2.281 —
2.437000000 – 2.476000000 —
64.670241353773 – 71.800594149678 —
– —
2.445 – 1771032600
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – Double bottom retreat down – –