Buy ICP/USDT – 4H – BUY

The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance at 2.737 will continue.

Caution: A possible change in the direction of the support zone at 2.383 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Besides a ‘StochRSI Bullish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Bullish Divergence’. which is often a bullish signal. The currency pair could go up.

Besides a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 2.737 at the Fibonacci level 1-Level. Caution: A possible change in the direction of resistance at 2.737 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 4.822
2nd High 2.847
Next High 2.737
Current Price 2.703000000
Next Low 2.383
2nd Low 2.274
3rd Low 2.014

2.643 – 2.641 – 2.737 – 2.383 – 2.274 – 2.014 —
2.505000000 – 2.414000000 —
47.765243185115 – 39.886213530773 —
– —
2.643 – 1772784000

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