ICP/USDT – 1H – SELL

The pair Internet Computer/Tether (ICP/USDT) goes from the descending trendline down.

A continuation of the bearish trend downwards to the next support level at 2.124 will continue.

Caution: A possible trend reversal in the direction of resistance at 2.258 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Additionally a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

2.258 – 2.236 – 2.201 – 2.124 – 2.049 – 2.084 —
2.243000000 – 2.212000000 —
61.854278808406 – 54.656038303378 —
– —
2.258 – 1782943200

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – – –