ICP/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement downwards to the next support level at 2.425 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 2.737 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Belt Hold’ candlestick chart pattern is discovered. The chart shows ‘Bearish Belt Hold’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

2.737 – 2.591 – 2.112 – 2.425 – 2.383 – 2.015 —
2.489000000 – 2.506000000 —
51.038867065308 – 46.168102958648 —
– —
2.737 – 1772172000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern – –