ICP/USDT – 1H – BUY

The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.

An ascent up to the next resistance at 2.559 is certain.

Caution: A possible counter-trend in the direction of the support level at 2.39 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bullish Belt Hold’ candlestick chart pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

2.559 – 2.624 – 2.305 – 2.39 – 2.223 – 2.214 —
2.436000000 – 2.524000000 —
42.621660163001 – 61.555687310869 —
– —
2.559 – 1781431200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Belt Hold – – –