ICP/USDT – 1H – SELL

The currency pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support line at 2.341 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 2.547 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 2.373082 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 2.547 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

2.432 – 2.547 – 2.572 – 2.341 – 2.34 – 2.371 —
2.376000000 – 2.534000000 —
45.030763523927 – 71.278187287784 —
– —
2.432 – 1772420400

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