Buy ICP/USDT – 4H – BUY

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:

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