The combination Internet Computer/Tether (ICP/USDT) moves from the descending trendline up.
A bullish ascent upwards to the next resistance at 2.5 is likely expected.
Caution: A possible change in the direction of the support zone at 2.43 could happen.
Consider stop-loss settings accordingly.
Additionally a ” indicator layout is discovered. The indicator is ”. this is usually a bullish signal. The pair is likely to go up.
!
Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.643 |
| 2nd High | 2.511 |
| Next High | 2.5 |
| Current Price | 2.403000000 |
| Next Low | 2.43 |
| 2nd Low | 2.34 |
| 3rd Low | 2.274 |
2.5 – 2.511 – 2.643 – 2.43 – 2.435 – 2.468 —
2.454000000 – 2.415000000 —
42.066686330527 – 31.075182513989 —
– —
2.5 – 1772881200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Belt Hold – – –