Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 2.338 is expected.
Caution: A possible change in the direction of the resistance zone at 2.455 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.601 |
| 2nd High | 2.471 |
| Next High | 2.455 |
| Current Price | 2.393000000 |
| Next Low | 2.338 |
| 2nd Low | 2.255 |
| 3rd Low | 2.238 |
2.455 – 2.471 – 2.601 – 2.338 – 2.376 – 2.506 —
2.418000000 – 2.427000000 —
53.664063126913 – 56.413979441049 —
– —
2.455 – 1781665200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – – Symmetrical Triangle Chart Pattern – –