ICP/USDT – 30M – SELL

The currency pair Internet Computer/Tether (ICP/USDT) moves from the bearish trendline down.

A continuation of the downtrend down to the next support level at 2.213 will continue.

Caution: A possible counter-trend in the direction of resistance at 2.253 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Last Engulfing Top’ candlestick pattern is found. The candles show ‘Last Engulfing Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

2.253 – 2.254 – 2.204 – 2.213 – 2.178 – 2.177 —
2.225000000 – 2.244000000 —
48.347757731687 – 58.899478845717 —
– —
2.253 – 1783080000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern – –