In addition a ‘Double top retreat up’ chart pattern is existing. The chart shows ‘Double top retreat up’. this is a bullish signal. The pair is likely to go up.
The currency pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 2.41 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 2.332 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.564 |
| 2nd High | 2.506 |
| Next High | 2.41 |
| Current Price | 2.357000000 |
| Next Low | 2.332 |
| 2nd Low | 2 |
| 3rd Low |
2.41 – 2.506 – 2.564 – 2.332 – 2.337 – 2.399 —
2.308000000 – 2.346000000 —
30.0111950226 – 36.370739815084 —
– —
2.41 – 1770775200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – Double top retreat up – –