Buy ICP/USDT – 30M – BUY

The pair Internet Computer/Tether (ICP/USDT) jumps from the bearish trendline upwards

A bullish trend up to the next resistance line at 2.164 will continue.

Caution: A possible reversal of the trend in the direction of support at 2.027 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Bullish Engulfing’ candlestick chart pattern is detected. The candles form ‘Bullish Engulfing’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 2.283
2nd High 2.218
Next High 2.164
Current Price 2.070000000
Next Low 2.027
2nd Low 2
3rd Low

2.164 – 2.218 – 2.283 – 2.027 – 2.096 – 2.148 —
2.095000000 – 2.083000000 —
50.987677490814 – 42.604021662979 —
– —
2.164 – 1771801200

Trading Signals:

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