The pair Internet Computer/Tether (ICP/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 2.511 will persist.
Caution: A possible counter-trend in the direction of the support level at 2.435 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘MACD crosses above signal’ indicator layout is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2.479512 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 2.511 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.643 |
| Next High | 2.511 |
| Current Price | 2.459000000 |
| Next Low | 2.435 |
| 2nd Low | 2.34 |
| 3rd Low | 2.274 |
2.511 – 2.643 – 2.558 – 2.435 – 2.468 – 2.497 —
2.501000000 – 2.454000000 —
45.878088326682 – 37.337555227566 —
– —
2.511 – 1772839800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –