ICP/USDT – 30M – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.

The combination Internet Computer/Tether (ICP/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support at 2.254 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 2.297 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 2.263 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 2.297 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Down’ candlestick chart pattern is existing. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2.297 – 2.315 – 2.316 – 2.254 – 2.245 – 2.22 —
2.271000000 – 2.292000000 —
46.350030982858 – 58.226940130959 —
– —
2.297 – 1782036000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –