The pair Internet Computer/Tether (ICP/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 2.29 is certain.
Caution: A possible trend reversal in the direction of the support level at 2.239 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.
Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Also there is a ‘Three Outside Up’ candle pattern is existing. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.33 |
| 2nd High | 2.321 |
| Next High | 2.29 |
| Current Price | 2.266000000 |
| Next Low | 2.239 |
| 2nd Low | 2.145 |
| 3rd Low | 2.13 |
2.29 – 2.321 – 2.33 – 2.239 – 2.246 – 2.247 —
2.259000000 – 2.261000000 —
47.829001298046 – 51.518921364869 —
– —
2.29 – 1783832400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –