ICP/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 2.5795 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 2.805 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Collapsing Doji Star’ candle chart pattern is existing. The chart shows ‘Collapsing Doji Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

2.805 – 2.55 – 2.529 – 2.533 – 2.354 – 2.444 —
2.648000000 – 2.698000000 —
54.646835987032 – 60.367166277448 —
– —
2.805 – 1773234000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Collapsing Doji Star – – –