Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The chart forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Internet Computer/Tether (ICP/USDT) moves from the ascending trendline downwards
A descent downwards to the next support line at 2.653 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 2.709000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.74 |
| 2nd High | 2.722 |
| Next High | 2.709000000 |
| Current Price | 2.666000000 |
| Next Low | 2.653 |
| 2nd Low | 2.585 |
| 3rd Low | 2.574 |
2.709000000 – 2.722 – 2.69 – 2.653 – 2.585 – 2.574 —
2.709000000 – 2.692000000 —
51.620804343168 – 52.325421910934 —
2.709000000 – 1773552600 —
– 1773552600
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –