ICP/USDT – 1H – SELL

In addition a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 2.281 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 2.429 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Matching Low’ chart pattern is discovered. The candles show ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

2.429 – 2.437 – 2.448 – 2.342 – 2.341 – 2.36 —
2.357000000 – 2.320000000 —
38.071445798979 – 27.258038496226 —
– —
2.429 – 1771344000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –