The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance level at 2.29 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Three Outside Up’ candle pattern is detected. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.465 |
| 2nd High | 2.321 |
| Next High | 2.29 |
| Current Price | 2.213000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.29 – 2.216 – 2.226 – 2.08 – 2.068 – 2.046 —
2.185000000 – 2.173000000 —
51.442669459625 – 48.105614766584 —
– —
2.29 – 1782367200
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –