ICP/USDT – 1H – BUY

The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.

An ascent up to the next resistance line at 2.506 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 2.337 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

2.506 – 2.564 – 2.576 – 2.337 – 2.399 – 2.41 —
2.377000000 – 2.397000000 —
38.905585358719 – 43.167930475465 —
– —
2.506 – 1770559200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Northern Doji – – –