The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 2.737 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at 2.274 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4.822 |
| 2nd High | 2.847 |
| Next High | 2.737 |
| Current Price | 2.546000000 |
| Next Low | 2.274 |
| 2nd Low | 2.014 |
| 3rd Low | 2 |
2.737 – 2.283 – 2.474 – 2.274 – 2.014 – 2.121 —
2.443000000 – 2.582000000 —
50.613005757728 – 60.708651974258 —
– —
2.737 – 1772164800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Northern Doji – – –