ICP/USDT – 30M – SELL

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

A bearish trend downwards to the next support at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 2.559 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Furthermore a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

2.559 – 2.624 – 2.473 – 2.39 – 2.255 – 2.238 —
2.536000000 – 2.456000000 —
52.878128853791 – 45.434021609131 —
– —
2.559 – 1781431200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Matching Low – – –