ICP/USDT – 1H – BUY

The pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance level at 2.737 is certain.

Caution: A possible counter-trend in the direction of support at 2.34 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ” indicator signal is discovered. The indicator is ”. which could be a positive chart signal. The currency pair could go up.

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And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 2.572 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of resistance at 2.737 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ chart pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

2.55 – 2.432 – 2.547 – 2.34 – 2.357 – 2.341 —
2.465000000 – 2.525000000 —
61.784349569618 – 57.116317422506 —
– —
2.55 – 1772467200

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