The currency pair Internet Computer/Tether (ICP/USDT) moves from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 2.267 is considered certain.
Caution: A possible change in the direction of support at 2.21 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair is likely to rise.
In addition a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.309 |
| 2nd High | 2.281 |
| Next High | 2.267 |
| Current Price | 2.249000000 |
| Next Low | 2.21 |
| 2nd Low | 2.202 |
| 3rd Low | 2.177 |
2.267 – 2.249 – 2.281 – 2.21 – 2.202 – 2.177 —
2.257000000 – 2.238000000 —
53.253765426844 – 46.013213831469 —
– —
2.267 – 1781890200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –