ICP/USDT – 30M – SELL

The currency pair Internet Computer/Tether (ICP/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support line at 2.644 is considered certain.

Caution: A possible change in the direction of the resistance line at 2.693000000 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.

Additionally a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Last Engulfing Bottom:’ candle chart pattern is discovered. The candles show ‘Last Engulfing Bottom:’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Bottom:’ going down is 65% (Bull Market) & 67% (Bear Market).

2.693000000 – 2.709 – 2.722 – 2.644 – 2.653 – 2.585 —
2.693000000 – 2.690000000 —
49.474032592658 – 49.288643332827 —
2.693000000 – 1773599400 —
– 1773599400

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Last Engulfing Bottom: – – –