ICP/USDT – 4H – BUY

The combination Internet Computer/Tether (ICP/USDT) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance at 2.3 will persist.

Caution: A possible counter-trend in the direction of the support zone at 2.049 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 2.245644 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance line at 2.3 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

2.3 – 2.258 – 2.236 – 2.049 – 2.11 – 2.046 —
2.246000000 – 2.213000000 —
49.773439740256 – 43.711980492627 —
– —
2.3 – 1783181100

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Northern Doji – – –