ICP/USDT – 30M – SELL

The pair Internet Computer/Tether (ICP/USDT) moves from the ascending trendline down.

The bearish trend downwards to the next support line at 2 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2.41 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

2.41 – 2.397 – 2.463 – 2.332 – 2.339 – 2.337 —
2.406000000 – 2.351000000 —
57.131910197833 – 31.954192217064 —
– —
2.41 – 1770775200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Matching Low – – –