The currency pair Internet Computer/Tether (ICP/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 2.274 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 2.643 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The 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 | 2.847 |
| 2nd High | 2.737 |
| Next High | 2.643 |
| Current Price | 2.397000000 |
| Next Low | 2.274 |
| 2nd Low | 2.014 |
| 3rd Low | 2 |
2.643 – 2.641 – 2.737 – 2.274 – 2.014 – 2.121 —
2.583000000 – 2.491000000 —
47.21616948842 – 45.529216849974 —
– —
2.643 – 1772784000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – – –