ICP/USDT – 30M – SELL

The pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline downwards

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

Caution: A possible counter-trend in the direction of resistance at 2.463 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Southern Doji’ candlestick pattern is found. The chart shows ‘Southern Doji’. which 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 success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

2.463 – 2.494 – 2.506 – 2.337 – 2.399 – 2.41 —
2.460000000 – 2.431000000 —
55.118414832717 – 50.618634875259 —
– —
2.463 – 1770654600

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Southern Doji – – –