ICP/USDT – 1H – BUY

The currency pair Internet Computer/Tether (ICP/USDT) moves from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance line at 2.805 is expected.

Caution: A possible change in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Moreover a ‘Latter Bottom’ candlestick pattern is detected. The candles show ‘Latter Bottom’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

2.805 – 2.55 – 2.529 – 2.354 – 2.444 – 2.395 —
2.634000000 – 2.587000000 —
46.569191893411 – 47.636703381019 —
– —
2.805 – 1773234000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Latter Bottom – – –