Sell ICP/USDT – 1H – SELL

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

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