Sell ICP/USDT – 30M – SELL

The combination Internet Computer/Tether (ICP/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support level at 2.36 is considered certain.

Caution: A possible change in the direction of the resistance line at 2.428000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 2.602
2nd High 2.557
Next High 2.428000000
Current Price 2.381000000
Next Low 2.36
2nd Low 2.283
3rd Low 2.281

2.428000000 – 2.557 – 2.602 – 2.36 – 2.48 – 2.378 —
2.428000000 – 2.411000000 —
43.495156690766 – 46.957707730237 —
2.428000000 – 1771203600 —
– 1771203600

Trading Signals:

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