The combination Internet Computer/Tether (ICP/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 2.305 will continue.
Caution: A possible reversal of the trend in the direction of the support line at should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2.314048 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 2.305 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.357 |
| 2nd High | 2.316 |
| Next High | 2.305 |
| Current Price | 2.302000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.305 – 2.305 – 2.316 – 2.223 – 2.247 – 2.214 —
2.294000000 – 2.301000000 —
54.623771850924 – 46.762150763438 —
– —
2.305 – 1781211600