ICP/USDT – 4H – SELL

The combination Internet Computer/Tether (ICP/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 2.283 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Matching Low’ candlestick pattern is detected. The candles form ‘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 success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

2.283 – 2.474 – 2.847 – 2.014 – 2.121 – 2.341 —
2.112000000 – 2.193000000 —
37.740399059986 – 56.000619228683 —
– —
2.283 – 1771675200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Matching Low – Double top retreat up – –