The combination Internet Computer/Tether (ICP/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support line at 2.274 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 2.547000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. 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 Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.572 |
| Next High | 2.547000000 |
| Current Price | 2.442000000 |
| Next Low | 2.274 |
| 2nd Low | 2.104 |
| 3rd Low | 2.015 |
2.547000000 – 2.572 – 2.737 – 2.274 – 2.425 – 2.383 —
2.547000000 – 2.484000000 —
72.672610616554 – 55.141680089129 —
2.547000000 – 1772330400 —
– 1772330400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – – –