ICP/USDT – 30M – SELL

The pair Internet Computer/Tether (ICP/USDT) moves from the bullish trendline downwards

A bearish trend downwards to the next support at 2.354 is expected.

Caution: A possible trend reversal in the direction of resistance at 2.805 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

2.805 – 2.55 – 2.537 – 2.354 – 2.368 – 2.444 —
2.786000000 – 2.659000000 —
62.768467971278 – 49.478357886239 —
– —
2.805 – 1773234000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Matching Low – – –