ICP/USDT – 30M – SELL

The combination Internet Computer/Tether (ICP/USDT) jumps from the ascending trendline down.

The bearish trend downwards to the next support level at 2.378 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 2.564 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ” indicator signal is discovered. The indicator is ”. this is usually a bearish chart scenario. The currency pair is likely to fall.

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Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Bearish Engulfing’ candlestick pattern is detected. The chart forms ‘Bearish Engulfing’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

2.445 – 2.474 – 2.381 – 2.378 – 2.283 – 2.281 —
2.550000000 – 2.584000000 —
73.329527384358 – 69.925256674225 —
– —
2.445 – 1771032600

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bearish Engulfing – – –