ICP/USDT – 30M – SELL

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.5545 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 2.641 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘On Neck’ candle pattern is existing. The candles form ‘On Neck’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).

2.558 – 2.587 – 2.641 – 2.468 – 2.497 – 2.494 —
2.597000000 – 2.634000000 —
61.486631051895 – 62.569202547022 —
– —
2.558 – 1772742600

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – On Neck – Symmetrical Triangle Chart Pattern – –