Buy ICP/USDT – 30M – BUY

The currency pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance line at 2.643 is expected.

Caution: A possible trend reversal in the direction of the support line at 2.435 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2.539 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 2.643 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 2.792
2nd High 2.737
Next High 2.643
Current Price 2.505000000
Next Low 2.435
2nd Low 2.34
3rd Low 2.274

2.643 – 2.558 – 2.587 – 2.435 – 2.468 – 2.497 —
2.466000000 – 2.483000000 —
35.255821149167 – 44.875214406126 —
– —
2.643 – 1772791200

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals