ICP/USDT – 1H – SELL

The currency pair Internet Computer/Tether (ICP/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 2.332 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 2.506 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Collapsing Doji Star’ candlestick pattern is found. The candles show ‘Collapsing Doji Star’. this 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 probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

2.506 – 2.564 – 2.576 – 2.332 – 2.337 – 2.399 —
2.397000000 – 2.405000000 —
43.167931086418 – 53.817688723654 —
– —
2.506 – 1770559200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –