Buy ICP/USDT – 1H – BUY

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

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