Additionally a ‘Symmetrical Triangle Chart Pattern’ chart pattern is existing. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The pair Internet Computer/Tether (ICP/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 2.202 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2.315 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.465 |
| 2nd High | 2.316 |
| Next High | 2.315 |
| Current Price | 2.240000000 |
| Next Low | 2.202 |
| 2nd Low | 2.177 |
| 3rd Low | 2.175 |
2.315 – 2.316 – 2.465 – 2.254 – 2.245 – 2.202 —
2.281000000 – 2.289000000 —
49.98779700891 – 51.271948365117 —
– —
2.315 – 1781992800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –