ICP/USDT – 30M – BUY

The pair Internet Computer/Tether (ICP/USDT) goes from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 2.602 is certain.

Caution: A possible change in the direction of support at 2.378 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.602 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 2.602 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Outside Up’ candlestick chart pattern is existing. The chart shows ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

2.602 – 2.445 – 2.474 – 2.378 – 2.283 – 2.281 —
2.525000000 – 2.539000000 —
46.584279804739 – 50.42457410765 —
– —
2.602 – 1771102800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –