ICP/USDT – 30M – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance zone at 2.693 could happen.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.

2.693 – 2.709 – 2.722 – 2.644 – 2.653 – 2.585 —
2.687000000 – 2.663000000 —
55.302149906261 – 45.13941267064 —
– —
2.693 – 1773599400

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bearish Engulfing – – –