ICP/USDT – 30M – SELL

The currency pair Internet Computer/Tether (ICP/USDT) jumps from the descending trendline downwards

A continuation of the downward movement down to the next support line at 2.644 is expected.

Caution: A possible counter-trend in the direction of resistance at 2.709 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2.709 – 2.722 – 2.69 – 2.644 – 2.653 – 2.585 —
2.666000000 – 2.690000000 —
43.190706419034 – 57.404798851185 —
– —
2.709 – 1773552600

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Down – – –