The combination Internet Computer/Tether (ICP/USDT) jumps from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 2.467 is likely expected.
Caution: A possible change in the direction of the support zone at 2.371 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘MACD crosses above signal’ indicator signal is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2.5055 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 2.467 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.572 |
| 2nd High | 2.547 |
| Next High | 2.467 |
| Current Price | 2.394000000 |
| Next Low | 2.371 |
| 2nd Low | 2.274 |
| 3rd Low | 2.104 |
2.467 – 2.547 – 2.572 – 2.371 – 2.274 – 2.425 —
2.378000000 – 2.378000000 —
34.195732157426 – 41.83660744052 —
– —
2.467 – 1772373600