ICP/USDT – 30M – BUY

The pair Internet Computer/Tether (ICP/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 2.805 is certain.

Caution: A possible trend reversal in the direction of the support level at 2.354 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘StochOSC Bullish Divergence’ indicator layout is discovered. The indicator shows ‘StochOSC Bullish Divergence’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 2.708486 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 2.805 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Inverted Hammer’ chart pattern is discovered. The candles show ‘Inverted Hammer’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ going up is 65% (Bull Market).

2.805 – 2.55 – 2.537 – 2.588 – 2.354 – 2.368 —
2.585000000 – 2.559000000 —
41.573384626093 – 40.48129558601 —
– —
2.805 – 1773234000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Inverted Hammer – Symmetrical Triangle Chart Pattern – –