ICP/USDT – 30M – SELL

The pair Internet Computer/Tether (ICP/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support line at 2.223 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.305 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

In addition a ‘Collapsing Doji Star’ candle chart pattern is found. The candles form ‘Collapsing Doji Star’. 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 ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

2.305 – 2.305 – 2.316 – 2.223 – 2.247 – 2.214 —
2.274000000 – 2.299000000 —
53.648342140075 – 61.503992221945 —
– —
2.305 – 1781211600

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