The currency pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline upwards
A bullish trend upwards to the next resistance at 2.5 will continue.
Caution: A possible change in the direction of the support line at 2.34 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ chart pattern is discovered. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.643 |
| 2nd High | 2.511 |
| Next High | 2.5 |
| Current Price | 2.403000000 |
| Next Low | 2.34 |
| 2nd Low | 2.274 |
| 3rd Low | 2.104 |
2.5 – 2.511 – 2.643 – 2.43 – 2.435 – 2.468 —
2.430000000 – 2.406000000 —
32.647004304174 – 33.149377112155 —
– —
2.5 – 1772881200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Belt Hold – – –