The pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 2.316 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 2.4 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.433 |
| 2nd High | 2.405 |
| Next High | 2.4 |
| Current Price | 2.338000000 |
| Next Low | 2.316 |
| 2nd Low | 2.271 |
| 3rd Low | 2.257 |
2.347 – 2.4 – 2.405 – 2.316 – 2.35 – 2.369 —
2.373000000 – 2.361000000 —
65.995480859813 – 45.614776189214 —
– —
2.347 – 1777716000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –