The currency pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 2.69 is likely expected.
Caution: A possible change in the direction of support at 2.585 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candlestick pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.805 |
| 2nd High | 2.74 |
| Next High | 2.69 |
| Current Price | 2.684000000 |
| Next Low | 2.585 |
| 2nd Low | 2.574 |
| 3rd Low | 2.533 |
2.69 – 2.688 – 2.74 – 2.585 – 2.574 – 2.612 —
2.671000000 – 2.664000000 —
53.894406545919 – 55.97331973332 —
– —
2.69 – 1773462600
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –