ICP/USDT – 1H – SELL

The pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 2.435 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 2.643 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Three Inside Down’ candle pattern is discovered. The candles show ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

2.643 – 2.587 – 2.641 – 2.435 – 2.468 – 2.494 —
2.469000000 – 2.485000000 —
37.091737983127 – 49.433954376473 —
– —
2.643 – 1772791200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Inside Down – – –