ICP/USDT – 1H – SELL

The currency pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support line at 2.233 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 2.408 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

2.408 – 2.422 – 2.494 – 2.233 – 2.258 – 2.286 —
2.280000000 – 2.303000000 —
43.349267239719 – 50.600673782096 —
– —
2.408 – 1780930800

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –