ICP/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 2.202 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.281 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Three Outside Down’ candle chart pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2.249 – 2.281 – 2.309 – 2.202 – 2.177 – 2.265 —
2.228000000 – 2.265000000 —
40.576557057919 – 61.975185158324 —
– —
2.249 – 1781857800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Down – – –