The currency pair Internet Computer/Tether (ICP/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of resistance at 2.465 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.601 |
| 2nd High | 2.471 |
| Next High | 2.465 |
| Current Price | 2.397000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.465 – 2.455 – 2.471 – 2.338 – 2.376 – 2.506 —
2.406000000 – 2.414000000 —
49.718599625438 – 51.916384194543 —
– —
2.465 – 1781683200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Rising Wedge Chart Pattern – –