ICP/USDT – 30M – SELL

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

The bearish trend down to the next support level at 2.34 is likely expected.

Caution: A possible trend reversal in the direction of the resistance line at 2.643 could happen.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 2.468 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 2.643 could happen.
Consider stop-loss settings accordingly.

2.643 – 2.558 – 2.587 – 2.468 – 2.497 – 2.494 —
2.561000000 – 2.477000000 —
46.878970863102 – 34.525898501886 —
– —
2.643 – 1772791200

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