ICP/USDT – 4H – SELL

The pair Internet Computer/Tether (ICP/USDT) moves from the bullish trendline down.

A descent downwards to the next support level at 2.145 is likely expected.

Caution: A possible change in the direction of the resistance line at 2.399 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candle pattern is detected. The chart forms ‘Two Crows’. 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 chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

2.399 – 2.272 – 2.3 – 2.145 – 2.145 – 2.13 —
2.206000000 – 2.242000000 —
40.944191206521 – 47.322029500824 —
– —
2.399 – 1783612800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – – –