The combination Internet Computer/Tether (ICP/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance at 2.55 is expected.
Caution: A possible counter-trend in the direction of the support level at 2.34 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.572 |
| Next High | 2.55 |
| Current Price | 2.558000000 |
| Next Low | 2.34 |
| 2nd Low | 2.274 |
| 3rd Low | 2.104 |
2.423 – 2.55 – 2.432 – 2.34 – 2.358 – 2.357 —
2.468000000 – 2.541000000 —
60.24403840096 – 75.318052092179 —
– —
2.423 – 1772524800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – Symmetrical Triangle Chart Pattern – –