ICP/USDT – 1H – SELL

The currency pair Internet Computer/Tether (ICP/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 2.36 will continue.

Caution: A possible change in the direction of the resistance level at 2.602 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Tweezers Top’ chart pattern is existing. The candles form ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

2.602 – 2.445 – 2.474 – 2.36 – 2.281 – 2.293 —
2.394000000 – 2.401000000 —
33.987475753268 – 40.202185822446 —
– —
2.602 – 1771102800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Tweezers Top – Rising Wedge Chart Pattern – –