ICP/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A bearish movement down to the next support line at 2.551 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 2.695 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Collapsing Doji Star’ candle pattern is existing. The chart shows ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).

2.695 – 2.671 – 2.534 – 2.551 – 2.52 – 2.398 —
2.667000000 – 2.620000000 —
55.9934579965 – 48.37983094792 —
– —
2.695 – 1776434400

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –