Buy ICP/USDT – 4H – BUY

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

An ascent upwards to the next resistance level at 2.737 will persist.

Caution: A possible trend reversal in the direction of the support level at 2.383 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 2.737 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 2.737 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. 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 4.822
2nd High 2.847
Next High 2.737
Current Price 2.654000000
Next Low 2.383
2nd Low 2.274
3rd Low 2.014

2.643 – 2.641 – 2.737 – 2.383 – 2.274 – 2.014 —
2.414000000 – 2.599000000 —
39.886213197365 – 53.774389231082 —
– —
2.643 – 1772784000

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