And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 2.395 at the Fibonacci level 0-Level. Caution: A possible change in the direction of support at 2.55 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Southern Doji’ candle pattern is discovered. The chart forms ‘Southern 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 chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.643 |
| Next High | 2.55 |
| Current Price | 2.421000000 |
| Next Low | 2.395 |
| 2nd Low | 2.383 |
| 3rd Low | 2.34 |
2.55 – 2.537 – 2.523 – 2.444 – 2.465 – 2.395 —
2.504000000 – 2.457000000 —
45.071174657209 – 37.144149305068 —
– —
2.55 – 1773154800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –