Sell ICP/USDT – 30M – SELL

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

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

Caution: A possible trend reversal in the direction of resistance at 2.455 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

Besides a ‘Three Inside Down’ chart pattern is found. The chart shows ‘Three Inside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 2.601
2nd High 2.471
Next High 2.455
Current Price 2.383000000
Next Low
2nd Low
3rd Low

2.455 – 2.471 – 2.601 – 2.338 – 2.376 – 2.506 —
2.427000000 – 2.421000000 —
56.413980316513 – 52.757139006753 —
– —
2.455 – 1781665200

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