ICP/USDT – 30M – SELL

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 2.239 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 2.29 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

2.29 – 2.321 – 2.33 – 2.239 – 2.246 – 2.247 —
2.253000000 – 2.266000000 —
43.464440895435 – 56.500388396539 —
– —
2.29 – 1783832400

Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Two Crows – – –