ICP/USDT – 1H – BUY

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

A bullish movement up to the next resistance at 2.305 will continue.

Caution: A possible trend reversal in the direction of the support zone at 2.214 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

In addition a ‘Bullish Belt Hold’ candlestick pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

2.305 – 2.316 – 2.408 – 2.214 – 2.175 – 2.208 —
2.276000000 – 2.281000000 —
49.753066802494 – 52.01787414733 —
– —
2.305 – 1781179200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Belt Hold – – –