ICP/USDT – 1H – SELL

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

The bearish trend downwards to the next support at 2.197 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 2.29 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

2.253 – 2.254 – 2.258 – 2.197 – 2.124 – 2.049 —
2.263000000 – 2.266000000 —
64.94853571335 – 59.598984959543 —
– —
2.253 – 1783080000

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –