ICP/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 2.135 is expected.

Caution: A possible change in the direction of the resistance line at 2.36 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Inside Down’ chart pattern is detected. The candles show ‘Three Inside Down’. which 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 success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

2.36 – 2.386 – 2.429 – 2.135 – 2.226 – 2.345 —
2.191000000 – 2.156000000 —
38.70070876485 – 38.258845397226 —
– —
2.36 – 1771428600

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Inside Down – – –