The combination Internet Computer/Tether (ICP/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 2.185 will persist.
Caution: A possible counter-trend in the direction of the support level at 2.08 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Additionally a ‘Three Outside Up’ chart pattern is discovered. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.29 |
| 2nd High | 2.188 |
| Next High | 2.185 |
| Current Price | 2.182000000 |
| Next Low | 2.08 |
| 2nd Low | 2.068 |
| 3rd Low | 2.046 |
2.185 – 2.188 – 2.29 – 2.08 – 2.068 – 2.046 —
2.126000000 – 2.158000000 —
37.571865042698 – 49.946023328548 —
– —
2.185 – 1782459000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Outside Up – – –