The currency pair Internet Computer/Tether (ICP/USDT) moves from the bearish trendline up.
An ascending movement upwards to the next resistance line at 2.385 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 2.316 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.405 |
| 2nd High | 2.4 |
| Next High | 2.385 |
| Current Price | 2.348000000 |
| Next Low | 2.316 |
| 2nd Low | 2.271 |
| 3rd Low | 2.257 |
2.385 – 2.347 – 2.4 – 2.316 – 2.35 – 2.369 —
2.366000000 – 2.336000000 —
53.890999914299 – 37.340215872152 —
– —
2.385 – 1777757400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –