ICP/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 2.197 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 2.3 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart scenario. The currency pair is likely to fall.

2.3 – 2.252 – 2.253 – 2.197 – 2.208 – 2.213 —
2.269000000 – 2.260000000 —
56.534472784015 – 49.192101492194 —
– —
2.3 – 1783186200

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