Sell ICP/USDT – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 2.449 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2.615 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Two Crows’ candle pattern is existing. The candles form ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 2.661
2nd High 2.63
Next High 2.615
Current Price 2.483000000
Next Low 2.469
2nd Low 2.449
3rd Low 2.353

2.615 – 2.58 – 2.63 – 2.469 – 2.449 – 2.477 —
2.472000000 – 2.497000000 —
32.245596177266 – 50.776089392878 —
– —
2.615 – 1779148800

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