The combination Internet Computer/Tether (ICP/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 2.175 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 2.309 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ” indicator layout is found. The indicator is ”. which could be a negative chart signal. The currency pair could go down.
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In addition a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Three Outside Down’ candlestick chart pattern is found. The candles show ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.465 |
| 2nd High | 2.46 |
| Next High | 2.309 |
| Current Price | 2.204000000 |
| Next Low | 2.175 |
| 2nd Low | 2.149 |
| 3rd Low | 2.118 |
2.309 – 2.46 – 2.465 – 2.265 – 2.304 – 2.366 —
2.307000000 – 2.292000000 —
33.399239708248 – 45.915451581142 —
– —
2.309 – 1781778600
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Down – – –