ICP/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance at 2.268 is certain.

Caution: A possible trend reversal in the direction of the support level at 2.167 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The pair is likely to go up.

Additionally a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 2.215 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 2.268 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bullish Belt Hold’ candle pattern is discovered. The candles form ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

2.268 – 2.272 – 2.226 – 2.167 – 2.13 – 2.167 —
2.210000000 – 2.186000000 —
47.436985500157 – 44.948575880143 —
– —
2.268 – 1783418400

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Bullish Belt Hold – – –