Buy ICP/USDT – 4H – BUY

The pair Internet Computer/Tether (ICP/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance level at 2.737 is expected.

Caution: A possible change in the direction of the support level at 2.383 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Advance Block’ candle chart pattern is existing. The chart forms ‘Advance Block’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).

Support & Resistance Price Range*
3rd High 4.822
2nd High 2.847
Next High 2.737
Current Price 2.727000000
Next Low 2.383
2nd Low 2.274
3rd Low 2.014

2.643 – 2.641 – 2.737 – 2.383 – 2.274 – 2.014 —
2.523000000 – 2.737000000 —
52.738447162449 – 63.770006371644 —
– —
2.643 – 1772784000

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