ICP/USDT – 30M – SELL

The combination Internet Computer/Tether (ICP/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 2.121 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 2.194 should always be considered.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Moreover a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

2.194 – 2.36 – 2.386 – 2.121 – 2.139 – 2.138 —
2.178000000 – 2.204000000 —
54.644906363635 – 59.687419959924 —
– —
2.194 – 1771551000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – – –