Buy ICP/USDT – 1H – BUY

The combination Internet Computer/Tether (ICP/USDT) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance line at 2.765 will persist.

Caution: A possible change in the direction of support at 2.613 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 2.797438 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 2.765 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 2.858
2nd High 2.806
Next High 2.765
Current Price 2.830000000
Next Low 2.613
2nd Low 2.575
3rd Low 2.496

2.765 – 2.732 – 2.806 – 2.613 – 2.638 – 2.618 —
2.655000000 – 2.765000000 —
43.614387321091 – 53.635109657914 —
– —
2.765 – 1780232400

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