The currency pair Internet Computer/Tether (ICP/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 2.408 will continue.
Caution: A possible trend reversal in the direction of the support zone at 2.258 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.494 |
| 2nd High | 2.422 |
| Next High | 2.408 |
| Current Price | 2.296000000 |
| Next Low | 2.258 |
| 2nd Low | 2.118 |
| 3rd Low | 2.015 |
2.408 – 2.422 – 2.494 – 2.258 – 2.286 – 2.118 —
2.329000000 – 2.304000000 —
47.62678405776 – 43.098103581763 —
– —
2.408 – 1780930800
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Northern Doji – – –