ICP/USDT – 30M – BUYThe pair Internet Computer/Tether (ICP/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 2.473 will continue.
Caution: A possible change in the direction of the support level at 2.255 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart shows ‘Bullish Belt Hold’. which 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 likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.904 |
| 2nd High | 2.494 |
| Next High | 2.473 |
| Current Price | 2.546000000 |
| Next Low | 2.255 |
| 2nd Low | 2.238 |
| 3rd Low | 2.223 |
2.473 – 2.316 – 2.305 – 2.255 – 2.238 – 2.223 —
2.472000000 – 2.560000000 —
64.83022316999 – 73.860626601946 —
– —
2.473 – 1781326800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Belt Hold – – –