ICP/USDT – 30M – SELL

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 2.43 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 2.511 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Matching Low’ candlestick chart pattern is detected. The candles show ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

2.511 – 2.643 – 2.558 – 2.43 – 2.435 – 2.468 —
2.484000000 – 2.494000000 —
52.863029430777 – 55.512713381539 —
– —
2.511 – 1772839800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –