The pair Internet Computer/Tether (ICP/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 2.395 will persist.
Caution: A possible trend reversal in the direction of resistance at 2.527 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.643 |
| Next High | 2.527 |
| Current Price | 2.454000000 |
| Next Low | 2.395 |
| 2nd Low | 2.383 |
| 3rd Low | 2.34 |
2.527 – 2.499 – 2.5 – 2.395 – 2.383 – 2.43 —
2.514000000 – 2.505000000 —
58.751591087112 – 59.295208670072 —
– —
2.527 – 1773036000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –