The pair Internet Computer/Tether (ICP/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance at 2.805 is certain.
Caution: A possible counter-trend in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2.847 |
| Next High | 2.805 |
| Current Price | 2.615000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.805 – 2.55 – 2.529 – 2.354 – 2.444 – 2.395 —
2.590000000 – 2.586000000 —
46.314985540485 – 48.782435752756 —
– —
2.805 – 1773234000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –