Sell ICP/USDT – 30M – SELL

The currency pair Internet Computer/Tether (ICP/USDT) jumps from the bullish trendline downwards

A bearish descent downwards to the next support line at 2.383 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 2.692 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 2.792
Next High 2.692
Current Price 2.573000000
Next Low 2.383
2nd Low 2.104
3rd Low 2.015

2.591 – 2.246 – 2.139 – 2.383 – 2.394 – 2.104 —
2.586000000 – 2.614000000 —
70.838861502272 – 64.858183129628 —
– —
2.591 – 1772055000

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