The currency pair Internet Computer/Tether (ICP/USDT) goes from the bullish trendline downwards
A descending movement down to the next support line at 2.177 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 2.254 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.
Additionally a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.29 |
| 2nd High | 2.258 |
| Next High | 2.254 |
| Current Price | 2.191000000 |
| Next Low | 2.177 |
| 2nd Low | 2.158 |
| 3rd Low | 2.124 |
2.254 – 2.204 – 2.258 – 2.177 – 2.158 – 2.124 —
2.203000000 – 2.201000000 —
47.31926780877 – 51.069851197816 —
– —
2.254 – 1782999000
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –