The pair Internet Computer/Tether (ICP/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance line at 2.42 is likely expected.
Caution: A possible change in the direction of the support zone at 2.32 could occur.
Consider stop-loss settings accordingly.
Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.469 |
| 2nd High | 2.433 |
| Next High | 2.42 |
| Current Price | 2.485000000 |
| Next Low | 2.32 |
| 2nd Low | 2.316 |
| 3rd Low | 2.271 |
2.42 – 2.385 – 2.4 – 2.32 – 2.328 – 2.316 —
2.388000000 – 2.441000000 —
51.889382330845 – 68.199904582576 —
– —
2.42 – 1777885200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –