ICP/USDT – 4H – BUY

The combination Internet Computer/Tether (ICP/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance level at 2.399 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 2.049 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 2.224 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 2.399 is within the realm of possibility.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ candle pattern is found. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

2.399 – 2.272 – 2.3 – 2.145 – 2.145 – 2.13 —
2.190000000 – 2.146000000 —
39.343623495467 – 35.017276066827 —
– —
2.399 – 1783612800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –