The combination Internet Computer/Tether (ICP/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 2.559 will persist.
Caution: A possible counter-trend in the direction of the support zone at 2.455 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.
Also there is a ‘Morning Doji Star’ candle chart pattern is found. The candles show ‘Morning Doji Star’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Morning Doji Star’ heading up is 76% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.735 |
| 2nd High | 2.73 |
| Next High | 2.559 |
| Current Price | 2.506000000 |
| Next Low | 2.455 |
| 2nd Low | 2.354 |
| 3rd Low | 2.34 |
2.559 – 2.73 – 2.735 – 2.455 – 2.658 – 2.627 —
2.542000000 – 2.510000000 —
46.51291833746 – 39.465671958103 —
– —
2.559 – 1773982800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Morning Doji Star – – –