ICP/USDT – 30M – SELL

The combination Internet Computer/Tether (ICP/USDT) goes from the ascending trendline downwards

A descent downwards to the next support at 2.354 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 2.805 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.460436 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 2.805 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

2.805 – 2.55 – 2.537 – 2.588 – 2.354 – 2.368 —
2.689000000 – 2.585000000 —
54.606807036915 – 41.573384349079 —
– —
2.805 – 1773234000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Rising Wedge Chart Pattern – –