Sell ICP/USDT – 1H – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair Internet Computer/Tether (ICP/USDT) moves from the bullish trendline down.

A descending movement down to the next support level at 2.627 will persist.

Caution: A possible counter-trend in the direction of resistance at 2.722 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 2.805
2nd High 2.74
Next High 2.722
Current Price 2.691000000
Next Low 2.627
2nd Low 2.574
3rd Low 2.533

2.722 – 2.69 – 2.74 – 2.627 – 2.644 – 2.574 —
2.706000000 – 2.692000000 —
54.199811282136 – 52.751688125737 —
– —
2.722 – 1773529200

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