ICP/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 2.328 is likely expected.

Caution: A possible change in the direction of resistance at 2.385 could occur.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

2.385 – 2.4 – 2.405 – 2.328 – 2.316 – 2.35 —
2.358000000 – 2.360000000 —
50.182713263809 – 51.451242744082 —
– —
2.385 – 1777755600

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