ICP/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The pair Internet Computer/Tether (ICP/USDT) moves from the ascending trendline down.

A bearish movement down to the next support line at will continue.

Caution: A possible change in the direction of the resistance zone at 2.55 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. 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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2.55 – 2.432 – 2.547 – 2.341 – 2.34 – 2.371 —
2.402000000 – 2.421000000 —
46.017264763338 – 53.434093157761 —
– —
2.55 – 1772467200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –