Sell ICP/USDT – 30M – SELL

The pair Internet Computer/Tether (ICP/USDT) moves from the ascending trendline down.

A bearish trend down to the next support at 2.465 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 2.529 could occur.
Consider stop-loss settings accordingly.

Then a ‘Tweezers Top’ candlestick pattern is detected. The candles show ‘Tweezers Top’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

Support & Resistance Price Range*
3rd High 2.737
2nd High 2.643
Next High 2.529
Current Price 2.489000000
Next Low 2.465
2nd Low 2.395
3rd Low 2.383

2.529 – 2.517 – 2.527 – 2.465 – 2.395 – 2.415 —
2.465000000 – 2.523000000 —
39.420850285479 – 58.309843723211 —
– —
2.529 – 1773084600

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