The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance at 2.216 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 2.046 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.27 |
| 2nd High | 2.226 |
| Next High | 2.216 |
| Current Price | 2.201000000 |
| Next Low | 2.046 |
| 2nd Low | 2.015 |
| 3rd Low | 2.014 |
2.216 – 2.226 – 2.179 – 2.046 – 2.167 – 2.126 —
2.192000000 – 2.195000000 —
59.439156015463 – 56.325362272452 —
– —
2.216 – 1782302400