ICP/USDT – 1H – SELL

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

A bearish movement down to the next support at 2.34 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 2.55 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Next a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a bullish 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).

2.55 – 2.432 – 2.547 – 2.34 – 2.357 – 2.341 —
2.476000000 – 2.565000000 —
60.079801453977 – 73.658830305934 —
– —
2.55 – 1772467200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –