Buy ICP/USDT – 1H – BUY

The currency pair Internet Computer/Tether (ICP/USDT) breaks through the descending trendline up.

A bullish ascent upwards to the next resistance line at 2.385000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 2.316 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Furthermore a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 2.405
2nd High 2.4
Next High 2.385000000
Current Price 2.355000000
Next Low 2.316
2nd Low 2.271
3rd Low 2.246

2.385000000 – 2.4 – 2.405 – 2.316 – 2.35 – 2.369 —
2.385000000 – 2.355000000 —
59.857463039918 – 46.819164618331 —
2.385000000 – 1777755600 —
– 1777755600

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