Sell ICP/USDT – 1H – SELL

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

A bearish movement downwards to the next support line at 2.332 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 2.506 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Matching Low’ candlestick chart pattern is discovered. The candles show ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 2.576
2nd High 2.564
Next High 2.506
Current Price 2.345000000
Next Low 2.332
2nd Low 2
3rd Low

2.506 – 2.564 – 2.576 – 2.332 – 2.337 – 2.399 —
2.376000000 – 2.400000000 —
45.722650202591 – 51.905503894672 —
– —
2.506 – 1770559200

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