The combination Internet Computer/Tether (ICP/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support at is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 2.805 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2.805 |
| Current Price | 2.582000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.805 – 2.55 – 2.537 – 2.588 – 2.354 – 2.368 —
2.652000000 – 2.622000000 —
49.809259267511 – 45.126848701162 —
– —
2.805 – 1773234000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Rising Wedge Chart Pattern – –