The combination Internet Computer/Tether (ICP/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 2.559 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 2.39 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.904 |
| 2nd High | 2.624 |
| Next High | 2.559 |
| Current Price | 2.521000000 |
| Next Low | 2.39 |
| 2nd Low | 2.223 |
| 3rd Low | 2.214 |
2.559 – 2.624 – 2.305 – 2.39 – 2.223 – 2.214 —
2.456000000 – 2.520000000 —
44.875046684437 – 55.914188466581 —
– —
2.559 – 1781431200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –