#ICP daily candle closed below the supporting up trendline#ICP daily candle closed below the supporting up trendline and price dropped back to the support/ flip zone too. Currently, price is still bearish, so no buys unless any sort of confirmation. If this support break then we can see easy drop till $24.
By @cryptoAXEN
ICPUSD
ICP - The best crypto play of 2022?- 95% down from ATH (capitulation)
- Been in downtrend/accumulation, even whilst other top 100 coins had alt rallies.
- Lower low on the weekly with bullish divs
- Lots of empty space to run into
I'm aiming for $250 by Dec 2022, a gain of >600% from the current price of $34.
We will see if this prediction ages like milk or wine in just under a year!
Ciao.
ICPUSDT Ready To Take OffICPUSDT (Day Chart) Technical analysis update
ICP/USDT currently trading at $35.00
Descending channel formation
Buy level: $35.00- $38.00
if price breaks above the resistance level , we can expect big up move.
TP 1: $55.00
TP 2: $75.00
TP 3: $100.00
TP 4: $125.00
Stop loss:$22.00
Max Leverage: 1x or buy it on spot market.
You will be surprised by the ICP price forecast in the ideaToday we present our global view of the ICPUSDT chart
The ICP forecast will consist of several possible routes of ICPUSDT price movement, since we can't look ahead, but the calculations indicate one global target from above.
On the ICPUSD chart, we can see the price from the bottom rounded and starting to move up. In recent days, we can see an increase in trading volume, which shows the struggle between buyers and sellers. Currently, the buyers are winning, as the price of the Internet Computer token is rising.
For the next 1-2 months, the target zone at the top is $54-63 . The price of ICPUSD can get there either by rapid growth (white arrow) or by a saw (blue)
In this price zone will decide where to go next:
- fixing above $63 will open the way for the continuation of growth to $82
- If the sellers win in the area of $54-63, the correction may be delayed for a retest from above of the important $35 level, where the struggle is now taking place, but from the bottom.
The global goal for all scenarios is a rise by the summer of 2022 to the area of $186-190. The fact that ICP is being linked to Web3, which can be a hype theme in 2022, adds positivity.
Let's see how it will be, and you pls write your thoughts about the future of ICP and Web3 and what your expectations for 2022 in the comments.
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ICP, what should we expect in the near future?Today let's analyze the global and local picture on the ICP chart.
ICP broke the global trend line. After that, we got a strong impulsive move towards $38 level, which currently acts as resistance. It is worth highlighting the big volume at the bottom of the chart. This is a good signal. In case the resistance is overcome, the price is likely to head towards the next marked area.
Locally, we would like to highlight the key level and increase in volumes at the bottom of the chart. In case of breakdown of the key level, there could be a good opportunity for buying.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ICP is The King of the Web 3.0If the 2022 will be the year of the Web 3.0, ICP will be the star of this year. Looks like it broke its falling trendline and finished its retest on daily frame. SuperTrend also gave buy signal on daily frame so I believe its time to go UP!
This is my trial. Not a financial advice.
IM NO SCHOLAR!!!! but I tend to be rightive placed a (1,2,3,4) and a (A,B,C) correction.... so far it has done a 1-2 correction I expect IPC to be huge.
Once ICP hits double money at $54, there could be a scalp again at $38 or just straight through up
to $54 and after that a sell off to $30-$33.....
HEAVY BUY at RETRACE---- sell at $76 for scalp or hold---well see
Of all the crapcoins, this one is worth keeping an eye onInternet Computer Protocol is a blockchain that works with existing internet infrastructure; in a way that existing internet companies can make up their own coins. It's also a Proof of Stake so no mining. It may be the answer to ETH.
Notice increasing volume and price...
ICP setting up nicely on the daily chartSimple analysis on ICP pair based off previous ATH, using trend lines and resistance.
Possible strategy for entry and exit points shown below:
Entry - 31.59
SL - 27.80
TP1 - 34.03
TP2 - 38.02
TP3 - 50.98
TP4 - 57.24
Personally I will be taking profits along the way, but holding it until the end. Good luck!
ICP/USDT offers a great opportunityHey there.
Since Bollinger bands has expanded and ICP/USDT is currently testing strong resistance zone, 100-day and 200-day moving averages at the same time, there could be a great opportunity if these are broken. If so, after successful retest, next target could be $70-90.
What do you think? let's discuss about this potential opportunity in comments.
Cheers.
ICPUSD ACCUMULATION COMING TO AN ENDThis is an update to a chart a posted awhile ago noting the buying range for a good price during accumulation. I believe the accumulation phase is coming to an end. I was criticized heavily when I posted the last chart due to ICP's perceived performance since listing (which was the day before the May drop LOL). However ICP entered an accumulation phase which looks very similar to a standard wyckoff accumulation pattern. Anyways, I believe the uptrend has begun. I have noted the resistance and support zones on the chart which will touched while ICP consolidates for the next push. As long as BTC behaves itself, I would say things are looking pretty good. Thanks again everyone!