ICP/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 2.317636 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 2.624 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Outside Down’ candle chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2.624 – 2.473 – 2.316 – 2.255 – 2.238 – 2.223 —
2.440000000 – 2.434000000 —
36.793884264837 – 40.921900517958 —
– —
2.624 – 1781377200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Down – – –