ICP/USDT – 30M – SELL

The currency pair Internet Computer/Tether (ICP/USDT) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at is likely expected.

Caution: A possible change in the direction of the resistance zone at 2.643000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2.468 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 2.643000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

2.643000000 – 2.558 – 2.587 – 2.468 – 2.497 – 2.494 —
2.643000000 – 2.562000000 —
67.254246027942 – 38.996782507024 —
2.643000000 – 1772791200 —
– 1772791200

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