The pair Internet Computer/Tether (ICP/USDT) jumps from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance level at 2.254 is certain.
Caution: A possible reversal of the trend in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.29 |
| 2nd High | 2.258 |
| Next High | 2.254 |
| Current Price | 2.197000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2.254 – 2.204 – 2.258 – 2.177 – 2.158 – 2.124 —
2.206000000 – 2.194000000 —
50.731894288138 – 47.041368146731 —
– —
2.254 – 1782999000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three White Soldiers – – –