Buy ICP/USDT – 30M – BUY

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.4335 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 2.44 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Concealing Baby Swallow’ candle chart pattern is found. The chart forms ‘Concealing Baby Swallow’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).

Support & Resistance Price Range*
3rd High 2.492
2nd High 2.449
Next High 2.44
Current Price 2.406000000
Next Low 2.375
2nd Low 2.271
3rd Low 2.257

2.44 – 2.449 – 2.492 – 2.375 – 2.41 – 2.431 —
2.435000000 – 2.412000000 —
51.143307736263 – 43.57974917869 —
– —
2.44 – 1777348800

Trading Signals:

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