ICP/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at 2.316000000 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 2.469 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Last Engulfing Bottom:’ candlestick pattern is discovered. The candles show ‘Last Engulfing Bottom:’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

2.469 – 2.492 – 2.566 – 2.316000000 – 2.318 – 2.375 —
2.337000000 – 2.370000000 —
35.776418929272 – 44.661651662516 —
2.316000000 – 1777694400 —
2.469 – 1777449600

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Last Engulfing Bottom: – – –