In addition a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.
The currency pair Internet Computer/Tether (ICP/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support level at 2.444 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 2.529 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.737 |
| 2nd High | 2.643 |
| Next High | 2.529 |
| Current Price | 2.416000000 |
| Next Low | 2.444 |
| 2nd Low | 2.395 |
| 3rd Low | 2.383 |
2.529 – 2.527 – 2.499 – 2.444 – 2.395 – 2.383 —
2.527000000 – 2.455000000 —
50.220581039611 – 41.281583863562 —
– —
2.529 – 1773082800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Rising Wedge Chart Pattern – –