ICP/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

The bearish trend down to the next support line at 2.574 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 2.722 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

2.722 – 2.69 – 2.74 – 2.574 – 2.533 – 2.354 —
2.698000000 – 2.701000000 —
59.300235291421 – 54.831886550111 —
– —
2.722 – 1773529200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –