ICP/USDT – 4H – SELL

Additionally a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Internet Computer/Tether (ICP/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support line at is likely expected.

Caution: A possible change in the direction of the resistance level at 2.29 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.

Additionally a ‘Last Engulfing Top’ candlestick pattern is discovered. The candles form ‘Last Engulfing Top’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

2.29 – 2.321 – 2.316 – 2.046 – 2.177 – 2.175 —
2.183000000 – 2.203000000 —
48.271915201338 – 50.538904868666 —
– —
2.29 – 1782360000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –