The pair Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 2.316 is likely expected.
Caution: A possible trend reversal in the direction of support at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Three Outside Up’ candle pattern is found. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.408 |
| 2nd High | 2.357 |
| Next High | 2.316 |
| Current Price | 2.302000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.316 – 2.305 – 2.305 – 2.238 – 2.223 – 2.247 —
2.287000000 – 2.280000000 —
47.442662059385 – 47.804217046008 —
– —
2.316 – 1781276400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –