ICP/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 2.398 is likely expected.

Caution: A possible change in the direction of the resistance level at 2.484 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Tweezers Top’ candlestick chart pattern is detected. The candles form ‘Tweezers Top’. 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 chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

2.484 – 2.442 – 2.503 – 2.398 – 2.412 – 2.409 —
2.472000000 – 2.479000000 —
60.866240129173 – 63.257465124957 —
– —
2.484 – 1776258000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Tweezers Top – – –