Buy ICP/USDT – 1H – BUY

The currency pair Internet Computer/Tether (ICP/USDT) jumps from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 2.805 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 2.533 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 2.847
Next High 2.805
Current Price 2.714000000
Next Low 2.533
2nd Low 2.354
3rd Low 2.34

2.805 – 2.55 – 2.529 – 2.533 – 2.354 – 2.444 —
2.692000000 – 2.671000000 —
53.46447159049 – 59.318369518848 —
– —
2.805 – 1773234000

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