The currency pair Internet Computer/Tether (ICP/USDT) moves from the bearish trendline up.
A bullish movement up to the next resistance level at 2.164 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 2.027 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.
In addition a ‘Three Outside Up’ candle chart pattern is detected. The candles form ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.283 |
| 2nd High | 2.218 |
| Next High | 2.164 |
| Current Price | 2.098000000 |
| Next Low | 2.027 |
| 2nd Low | 2 |
| 3rd Low |
2.164 – 2.218 – 2.283 – 2.027 – 2.096 – 2.148 —
2.060000000 – 2.067000000 —
38.081879650056 – 41.927186910633 —
– —
2.164 – 1771801200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –