The currency pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 2.146 will continue.
Caution: A possible counter-trend in the direction of the support level at 2.095 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.19 |
| 2nd High | 2.182 |
| Next High | 2.146 |
| Current Price | 2.144000000 |
| Next Low | 2.095 |
| 2nd Low | 2.087 |
| 3rd Low | 2.049 |
2.146 – 2.182 – 2.19 – 2.095 – 2.111 – 2.149 —
2.133000000 – 2.140000000 —
49.346290183577 – 50.890475632835 —
– —
2.146 – 1784282400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –