The pair Internet Computer/Tether (ICP/USDT) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 2.145 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2.268 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2.33 |
| 2nd High | 2.321 |
| Next High | 2.268 |
| Current Price | 2.186000000 |
| Next Low | 2.145 |
| 2nd Low | 2.13 |
| 3rd Low | 2.124 |
2.268 – 2.321 – 2.33 – 2.145 – 2.171 – 2.239 —
2.190000000 – 2.203000000 —
43.505970259489 – 50.727012760442 —
– —
2.268 – 1783886400
Trading Signals: CRYPTO – ICP – ICP/USDT – USDT – Three Black Crows – – –