ICP/USDT – 30M – SELL

The currency pair Internet Computer/Tether (ICP/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support at 2.095 is likely expected.

Caution: A possible change in the direction of resistance at 2.182 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 2.242
2nd High 2.19
Next High 2.182
Current Price 2.140000000
Next Low 2.095
2nd Low 2.087
3rd Low 2.049

2.146 – 2.182 – 2.19 – 2.095 – 2.111 – 2.149 —
2.136000000 – 2.156000000 —
54.080083304604 – 59.764213004166 —
– —
2.146 – 1784282400

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