ICP/USDT – 1H – BUY

The pair Internet Computer/Tether (ICP/USDT) breaks through the descending trendline upwards

A bullish ascent upwards to the next resistance level at 2.735 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 2.627 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. 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 is considered certain. Target of the current trend is 2.74 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 2.735 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

2.735 – 2.722 – 2.69 – 2.627 – 2.644 – 2.574 —
2.712000000 – 2.709000000 —
55.035033808122 – 49.834092237099 —
– —
2.735 – 1773745800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –