The pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance level at 2.602 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 2.281 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
And also a ‘Bullish Belt Hold’ candle pattern is found. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.847 |
| 2nd High | 2.792 |
| Next High | 2.602 |
| Current Price | 2.439000000 |
| Next Low | 2.281 |
| 2nd Low | 2 |
| 3rd Low |
2.602 – 2.445 – 2.474 – 2.281 – 2.293 – 2.282 —
2.543000000 – 2.503000000 —
60.838506207114 – 36.460741622677 —
– —
2.602 – 1771102800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Belt Hold – – –