ICP/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support line at 2.118 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 2.321 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ candle pattern is found. The chart shows ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

2.321 – 2.315 – 2.316 – 2.197 – 2.254 – 2.245 —
2.242000000 – 2.171000000 —
34.335435172401 – 37.325841873591 —
– —
2.321 – 1782133200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –