Buy ICP/USDT – 4H – BUY

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

An ascent upwards to the next resistance at 2.321 will persist.

Caution: A possible change in the direction of the support line at 2.177 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 3.231
2nd High 2.624
Next High 2.321
Current Price 2.258000000
Next Low 2.177
2nd Low 2.175
3rd Low 2.118

2.321 – 2.316 – 2.624 – 2.177 – 2.175 – 2.118 —
2.175000000 – 2.198000000 —
35.963113676146 – 46.502711127801 —
– —
2.321 – 1782129600

Trading Signals:

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