ICP/USDT – 1H – BUY

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

An ascending movement up to the next resistance at 2.5 will continue.

Caution: A possible counter-trend in the direction of the support level at 2.34 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Up’ candlestick pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

2.5 – 2.643 – 2.587 – 2.43 – 2.435 – 2.468 —
2.476000000 – 2.406000000 —
46.700802042469 – 30.879150654404 —
– —
2.5 – 1772881200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –