The pair Internet Computer/Tether (ICP/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 2.523 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 2.444 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.
Besides a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.643 |
| 2nd High | 2.529 |
| Next High | 2.523 |
| Current Price | 2.533000000 |
| Next Low | 2.444 |
| 2nd Low | 2.395 |
| 3rd Low | 2.383 |
2.523 – 2.529 – 2.517 – 2.444 – 2.465 – 2.395 —
2.503000000 – 2.516000000 —
52.768269618691 – 54.572485532329 —
– —
2.523 – 1773109800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Northern Doji – – –