ICP/USDT – 1H – SELL

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 2.206736 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 2.408 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Last Engulfing Top’ chart pattern is found. The candles form ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

2.408 – 2.422 – 2.494 – 2.258 – 2.286 – 2.118 —
2.347000000 – 2.299000000 —
50.385309211293 – 44.699357415381 —
– —
2.408 – 1780930800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –