ICP/USDT – 1H – BUY

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

An ascent up to the next resistance level at 2.639 will continue.

Caution: A possible trend reversal in the direction of the support level at 2.52 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.579 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 2.639 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Up’ chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

2.534 – 2.573 – 2.579 – 2.52 – 2.398 – 2.408 —
2.651000000 – 2.580000000 —
70.96697205695 – 43.043462550785 —
– —
2.534 – 1776121200

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